Gasoline prices up in 5th straight time

By Anh Minh August 21, 2023 | 02:04 am PT

An employee fills a motorbike with gasoline at a fuel station in Ho Chi Minh City. Photo by VnExpress/Thanh Tung

Gas prices went up for the fifth time in a row on Monday, having increased non-stop since early July.

The popular gasoline RON95 was 2.54% higher at VND24,600 per liter. Biofuel E5 RON92 rose 2.23% to VND23,330.

Diesel fell for the first time in more than three months, dropping 1.79% to VND17,980.

Global prices have fluctuated in the last 10 days as the U.S. dollar strengthened and U.S. crude oil fell.

China used its oil reserves to prevent OPEC+ countries from reducing their supply, according to the Ministry of Industry and Trade and the Ministry of Finance.

RON92 was 3.14% more expensive at $102.76 per barrel.

But diesel dropped 0.3% to $116.72 per barrel.