Gasoline prices drop to 5-year low

By Phuong Dung   April 17, 2025 | 03:07 am PT
Gasoline prices drop to 5-year low
An employee refills a motorbike at a fuel station inHo Chi Minh City. Photo by VnExpress/Quynh Tran
Vietnam gasoline prices tumbled to the lowest in five years Thursday afternoon.

The popular fuel RON95 dropped 1.82% to VND18,850 (US$0.73) per liter.

Biofuel E5 RON92 declined by 2.07% to VND18,490.

Diesel fell 1.22% to VND17,030.

Regulators said that fuel prices in the past seven days were influenced by various factors, including changes in U.S. tariffs on imports from trading partners, increased oil production by OPEC+, and the International Energy Agency's forecast of slower oil demand growth this year.

RON95 dropped 2.2% to $73.7 per barrel while diesel declined by 1.2% to $78.5.

 
 
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