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Gasoline prices rise little after plunge

By Dat Nguyen   May 23, 2024 | 12:20 am PT
Gasoline prices rise little after plunge
An employee works at a fuel station in Ho Chi Minh City. Photo by VnExpress/Thanh Nguyen
Gasoline prices went up slightly Thursday after plummeting to a four-month low last week.

The popular fuel RON95 gained 0.35% to VND23,210 ($0.91) per liter.

Biofuel E5 RON92 went up 0.72% to VND22,270.

Diesel fell 0.20% to VND19,830.

Globally fuel prices fluctuated in the last seven days as U.S. inventory rose and the Federal Reserve planned to delay cutting interest rates due to prolonged inflation.

The OPEC+ is believed to extend its policy to reduce production in a meeting early next month.

Gasoline prices worldwide went up 0.5-1.1%.

 
 
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