Gasoline increased by 390-520 VND, oil products decreased by 10-270 VND per liter, kg from 3:00 p.m. today.
According to the joint adjustment of the Ministry, gasoline prices increased, while oil prices turned to decrease. In today's period, the operator continued not to use the Price Stabilization Fund for gasoline. The level of deduction for the Price Stabilization Fund for gasoline products also remained at 300 VND per liter, kg as 10 days ago.
Gasoline prices change specifically as follows:
| Item | New price | Change |
| Gasoline RON 95-III | 22,010 | 520 |
| E5 RON 92 gasoline | 20,870 | 390 |
| Diesel | 17,940 | -10 |
| Kerosene | 17,770 | -190 |
| Fuel oil | 14,880 | -270 |
Unit: VND/liter or kg (depending on type)
The operator said that the world oil market increased and decreased due to the impact of OPEC+ production cuts; concerns about the US debt ceiling; stagnant industrial activities and higher interest rates increasing the risk of economic recession.
Accordingly, the average price of finished gasoline products in the world increased by 2.7-3.1%; while oil decreased by 0.14-2.5%. For example, RON92 gasoline used to blend E5RON92 gasoline increased by 2.7% to 87.44 USD; RON 95 gasoline also increased to 92.43 USD per barrel, equivalent to 3.1%.
Diesel oil decreased by 0.14% to 89.06 USD per barrel compared to May 22; kerosene fell to 87.9 USD per barrel.
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