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Gasoline prices hover around 3-year low

By Phuong Dung   October 3, 2024 | 01:22 am PT
Gasoline prices hover around 3-year low
An employee holds a fuel nozzle at a station in Ho Chi Minh City in April 2020. Photo by VnExpress/Quynh Tran
Gasoline prices fell slightly Thursday afternoon, heading toward a three-year low they reached last month.

The popular fuel RON95 dropped 3.46% to VND19,800 (US$0.80) per liter.

Biofuel E5 RON92 fell 3.92% to VND18,850.

Diesel declined by 0.57% to VND17,400.

Regulators said that prices in the last seven days were affected by rising tension in the Middle East, increasing U.S. crude oil inventory, and ongoing Russia-Ukraine military conflict.

In the last seven days, fuel prices have fallen by 4.4-5.4% and oils have dropped 0.1-3%. RON95 is now at $81.9 per barrel and diesel at $83.8.

 
 
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