Diesel price continues to rise

Diesel price went up 1.81% to VND23,050 per liter on Monday, continuing its climb, which began four months ago.

The fuel has seen its price increase by over 30% since May 11.

Authorities said that fuel prices have been fluctuating amid concerns about tightened fuel supply after Russia extended its production cut as OPEC+ countries continued to scale down production, while China’s demand recovery has been slower than expected.

RON92 gasoline fell 0.1% to $103,14 per barrel last week, while RON95 dropped 0.16% to $108.94.

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