Gasoline prices dip to 18-month low

By Anh Minh   December 21, 2022 | 12:16 am PT
Gasoline prices dip to 18-month low
An employee pumps gasoline into a motorbike at a fuel station in Ho Chi Minh City. Photo by VnExpress/Thanh Loc
Gasoline prices plunged to the lowest since June 2021, with RON95 dropping 2.36% to VND20,700 ($0.87) per liter.

E5 RON92 fell 1.82% to VND19,970.

Diesel dropped 0.32% to VND21,600.

Gasoline prices have fallen four times in a row since mid-November.

They are now 37% lower than the previous peak on June 21.

Vietnam fuel prices are adjusted on the first, 11th and 21st of each month.

Ho Chi Minh City has proposed that prices are adjusted every three to five days instead of the current 10 to resolve the recent supply issues.

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