Gasoline Prices Go Down

Gasoline prices have gone down. E10 RON95 is now VND20,750 per liter. This is 5.93% less. Biofuel E5 RON92 is now VND20,120 per liter. This is 5.67% less. Diesel is now VND23,530 per liter. This is 9% less.

The Ministry of Industry and Trade and the Ministry of Finance said that the US and Iran have made a peace agreement. This has affected global petroleum markets.

Global fuel prices are lower now. RON92 gasoline is 7.28% less. It is now $107.9 per barrel. RON95 is also less. It is now $110.9 per barrel. Diesel prices are 12.9% less. Fuel oil is 14.7% less.

Many gas stations in Vietnam now sell E10 RON95 gasoline. Over 17,000 gas stations have switched. The country has used 520 million liters of biofuels. Most of it is E10.

A worker is putting gas in a car at a gas station in HCMC.

Most cars in Vietnam can use E10 gasoline. Only very old cars cannot.

There have been no problems with E5 and E10 gasoline. No one has complained about fuel quality or car damage.

Some big petroleum traders have invested in biofuel blending systems. Seven companies can make biofuels now. They can make 1.1 million cubic meters per month. This is enough for the whole country.

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