Gasoline prices down

The price of Vietnam’s best-selling gasoline RON 95-III fell VND610 to VND23,630 ($1) per liter on Friday, while E5 RON 92 prices dropped VND490 to VND22,680.

Meanwhile, the price of diesel fell by VND750 to VND19,390.

Kerosene prices dropped VND250 to VND19,480, while mazut oil prices rose VND650 to VND15,840.

The Ministry of Industry and Trade and the Ministry of Finance, which oversee the adjusting fuel retail prices, said that global crude oil prices have fallen for the past 10 days on fears of looming Federal Reserve interest rate hikes and OPEC+ oil output cut.

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