Market

Global Tensions and Policies Fuel Surge in Gasoline Prices Worldwide

Recent Price Adjustments in Fuel

The popular fuel RON95 has seen a significant increase, gaining 2.19% to VND19,590 (US$0.76) per liter.

Changes in Biofuel and Diesel Prices

Biofuel E5 RON92 went up by 2.18% to VND19,180, while diesel increased by 2.5% to VND17,220.

Global Influences on Fuel Prices

Globally, fuel prices in the last seven days were influenced by multiple factors, including a temporary agreement between the U.S. and China to reduce import tariffs on goods, escalating tensions in the Middle East, OPEC+ accelerating oil production increases, and the ongoing military conflict between Russia and Ukraine.

RON95 rose 2.9% to $77 per barrel while diesel increased by 3% to $79.11 per barrel.