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Gasoline prices plunge to 5-month low

By Phuong Dung   March 6, 2025 | 01:41 am PT
Gasoline prices plunge to 5-month low
An employee receives payment at a fuel station in Hanoi in 2022. Photo by VnExpress/Ngoc Thanh
Gasoline prices in Vietnam on Thursday afternoon fell to the lowest since Oct. 3, 2024.

The popular gasoline RON95 decreased by 3.36% to VND20,400 (US$0.80).

Biofuel E5 RON92 declined by 3.34% to VND19,960.

Diesel dropped 3.27% to VND18,330.

Regulators said that fuel prices in the last seven days were affected by OPEC+’s decision to pump up production in April, U.S.’ new tariffs on Mexico, Canada and China and their retaliation.

Gasolines fell 4.4-4.8% while oils dropped 3.5-4.9%.

RON95 is now at $82.3 per barrel and diesel at $86.7.

 
 
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