Gasoline price dips to near 7-month low

The popular fuel RON95 fell 2.29% to VND19,620. Biofuel E5 RON92 dropped 1.93% to VND19,230.

Diesel declined 3.75% to VND17,470.

Globally the global oil market over the past seven days was influenced by the possibility of a Russia-Ukraine peace agreement, a decline in U.S. crude oil inventories, and gasoline stockpiles rising above forecasts, according to the Ministry of Industry and Trade.

RON95 fell 3% to $77.5 per barrel, while diesel dropped 4.5% to $81.03.