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Gasoline price falls third time in a row

Prices of the popular gasoline RON95 on Thursday dropped for the third time this month whiel diesel slid to a four-month low.

RON95 fell 0.13% to VND22,990 ($0.95) per liter, while biofuel E5 RON92 rose 0.46% to VND21,790.

This was RON95’s third straight decline this month.

Gasoline price falls, third time in a row, popular gasoline, four-month low, third straight decline, expected production cuts

An employee refills a car at a fuel station in Ho Chi Minh City.

Diesel declined for the fourth time in a row by 0.44% to VND20,190, lowest since Jul. 21.

Global oil price was little changed on Thursday as investors remained cautious ahead of expected production cuts by the OPEC+ group, and as weaker-than-expected Chinese factory data underscored slowing growth in the world's second largest economy, Reuters reported.

Since last Thursday RON92 has risen 0.72% to $91.75 per barrel while RON95 dropped 0.16% to $97.11. Diesel fell 0.5% to $101.94.

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Except for E5 RON 92, gasoline and diesel prices have risen by VND70-660 per liter starting 3 p.m. Tuesday.
 

Source: VnExpress

Gasoline price falls, third time in a row, popular gasoline, four-month low, third straight decline, expected production cuts
 
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