Tuesday , November 29 2022

Gasoline prices drop after 4 consecutive hikes

Vietnam’s RON95 gasoline price dropped 0.34% to VND23,780 ($0.96) per liter after rising in the last four adjustments.

E5 RON92 price fell 0.18% to VND22,670.

Diesel dropped 0.72% to VND24,800.

The Ministry of Finance has acknowledged an updated transportation cost of importing fuel to Vietnam in the Monday adjustment for the second time this month.

Vietnam’s refined fuel imports in the first 10 months of 2022 rose 22.8% from a year earlier to 7.13 million tonnes, but costs rose 123.8% to $7.37 billion, Reuters quoted official data.

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