Gasoline, diesel prices rise

By Anh Minh   October 23, 2023 | 02:19 am PT
Gasoline, diesel prices rise
A worker pumps gasoline into a motorbike in Ho Chi Minh City. Photo by VnExpress/Thanh Tung
Gasoline and diesel prices went up Monday after weeks of declining.

The popular fuel RON95 rose for the first time in four weeks. It was 2.04% more expensive at VND23,510 ($0.96) per liter.

Biofuel E5 RON92 went up 2.1% to VND22,360.

Diesel rose 0.31% to VND22,360.

Globally, fuel prices have been rising in the last 10 days due to fear that the Israel-Hamas conflict might increase, according to the Ministry of Industry and Trade and the Ministry of Finance.

OPEC member Iran has called for an export ban imposed on Israel due to tension at Gaza.

There was rising demand for fuel in the U.S. as temperature dropped.

RON92 rose 2.2% to $94.02 per barrel while RON95 went up 2% to $98.95.

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