Thursday , April 18 2024

Gasoline price hiked 2nd time this month


Vietnam raised the RON95 gasoline price up 1.55% Friday to VND22,340 ($0.9) per liter, the second hike this month.

The Ministry of Industry and Trade and Ministry of Finance also raised the E5 RON92 biofuel price up 0.94% to VND21,490.

Diesel prices were up 2.48% to VND24,780 per liter.

Gasoline prices have been adjusted 28 times this year, up 15 times and down 13.

Several gasoline stations put up “out of gasoline” signs this week as retailers continued to complain their commission is very low or even zero while buying from suppliers has been challenging.

Trade ministry data shows that crude oil prices have gone up 0.4-2.8% in the last 10 days depending on product.

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