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Diesel hits 6-week low, gasoline steadies

By Dat Nguyen   December 12, 2024 | 01:58 am PT
Diesel hits 6-week low, gasoline steadies
An employee holds a fuel nozzle at a fuel station in Ho Chi Minh City in 2016. Photo by VnExpress/Huu Khoa
Vietnam’s gasoline prices inched up while diesel dropped to a six-week low Thursday afternoon.

The popular fuel RON95 gained 0.15% to VND20,590 (US$0.81) per liter.

Biofuel E5 RON92 was steady at VND19,860.

Diesel dropped 0.71% to VND18,250.

Regulators said that fuel prices in the last seven days were affected by rising geopolitical tension in the Middle East, ongoing conflict between Russia and Ukraine, and OPEC+’s reduced oil demand growth forecast for 2025.

Gasolines went up 0.2% while oils fell 0.8-4.3% in the period. RON95 is now at $84.1 per barrel and diesel at $86.9.

 
 
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