Gas Prices Go Down

The price of E10 RON95 fuel went down by 2.32% to VND22,320 per liter. This is a good change for people who use this fuel. The new price is now US$0.85 per liter.

E5 RON92 fuel also went down in price by 2.95% to VND21,720. Diesel fuel price decreased by 0.29% to VND27,540. These changes are happening now. Fuel prices are important for many people.

Global oil prices have been going down for the past seven days. This is because people think there will be more oil available if the US and Iran have fewer problems. Also, the US has more crude oil in storage now. This is why oil prices are lower.

There was a conflict in the Middle East, and this has affected how Vietnam gets fuel. At the same time, some areas are using more fuel, which puts pressure on the people who sell it. They have to control how much they sell for now.

A worker is putting fuel into a car at a station in Hanoi in March 2022.

Last week, a high-ranking official told the Ministry of Industry and Trade to watch the fuel market closely. They need to check if there is enough fuel and make sure there are no shortages.

The ministry was also told to tell fuel sellers to get enough supplies and keep selling without stopping. They have to report back to the Prime Minister’s office about the fuel situation.

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