Vietnam gasoline prices on Thursday afternoon plunged to the lowest since July 24.
The popular fuel RON95 declined 2.38% to VND19,720 (US$0.75).
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An employee operates a gasoline dispenser at a fuel station in HCMC in 2022. Photo by VnExpress/Quynh Tran |
Biofuel E5 RON92 fell 2.50% to VND19,130.
Diesel dropped 2.26% to VND18,600.
The global oil and gasoline market in the past seven days has been influenced by several factors, including OPEC+ announcing a lower-than-expected increase in oil production for November; weakening global oil demand trend; and Ukraine’s continuing attacks on Russia’s energy infrastructure.
RON95 dropped 2.9% to $78.3, while diesel fell 2.6% to $87.66.