Each liter of gasoline will increase by 760-920 VND, and other petroleum products (excluding mazut) will also increase by 10-180 VND depending on the type, effective from 3 PM today.
According to the joint decision of the Ministry of Industry and Trade and the Ministry of Finance today, the price of RON 95-III gasoline (the most common type on the market) increased by 920 VND, to 23,400 VND per liter; E5 RON 92 increased by 760 VND, to 22,170 VND per liter.
Similarly, the prices of other petroleum products (except for fuel oil) have also increased, now ranging from 20,540 to 20,370 VND per liter compared to 7 days ago.
Gasoline and diesel prices have changed as follows:
| Item | New price | Change |
| RON 95-III gasoline | 23,400 | +920 |
| E5 RON 92 gasoline | 22,170 | + 760 |
| Diesel | 20,370 | + 180 |
| Kerosene | 20,540 | + 10 |
| Fuel oil | 15,490 | - 10 |
Units: VND/liter or kg, depending on the type.
This is the third time since the beginning of the year that domestic gasoline prices have increased. In today's price adjustment, the inter-ministerial committee continued not to draw from or utilize funds from the Gasoline Price Stabilization Fund.
The operator stated that the global oil market has risen over the past seven days, influenced by escalating tensions in the Middle East and tight oil supplies in the US amid cold weather disrupting production, which boosted buying activity by 4.5-5%.
For example, the average price of refined petroleum products over the past 7 days for RON 95 was $98.45 per barrel, an increase of nearly 5%. Diesel fuel also increased by almost 1%, to $101.65 per barrel. Mazut, however, decreased to $432.02 per ton.
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