An employee operates a fuel dispenser in Ho Chi Minh City. Photo by Read/Quynh Tran
Gasoline and diesel prices both fell Thursday afternoon, hovering around the same level since mid-October, after reaching a three-month peak last week.
The popular fuel RON95 dropped 2.19% to VND20,540 (US$0.81) per liter.
Biofuel E5 RON92 fell 2.12% to VND19,810.
Diesel declined by 0.53% to VND18,630.
Regulators said that fuel prices in the last seven days were affected by the European Union’s adoption of a sanction package against Russia, geopolitical tensions in the Middle East, and the ongoing military conflict between Russia and the Ukraine.
RON95 dropped 3-3.1% in the period while oils fell 0.8-1.9%. RON95 is now priced at $83.7 per barrel and diesel at $88.8.
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