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The popular fuel E10 RON95 declined 0.26% to VND22,600 (US$0.87) per liter.
E5 RON92 fell 0.32% to VND21,760. Diesel dropped 1.6% to VND28,080.
Globally oil markets in recent days have been affected by developments related to peace negotiations between the U.S. and Iran, as well as continued disruptions to oil shipments through the Strait of Hormuz, according to the Ministry of Industry and Trade and the Ministry of Finance.
RON95 gasoline fell 0.2% to $116.3 a barrel, while diesel prices dropped 2.4% to $156.5 a barrel.
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An employee refills a motorbike at a fuel station in HCMC. Photo by VnExpress/Thanh Tung |
After the adjustment, gasoline prices in Vietnam remained lower than in neighboring countries.
Vietnam prices were 20% lower than in Cambodia, 23% lower than in Thailand, 29% lower than in China and 50% lower than in Laos.
