Following the world trend, gasoline prices have decreased simultaneously from 3:00 p.m. today, February 1.

The Ministry of Industry and Trade and the Ministry of Finance have just decided to adjust gasoline prices from 3:00 p.m. this afternoon, February 1.

The Ministry of Industry and Trade and the Ministry of Finance have just decided to adjust gasoline prices from 3:00 p.m. this afternoon, February 1.

Accordingly, the price of E5RON92 gasoline: not higher than VND 20,391/liter (down VND 201/liter compared to the current base price), lower than RON95-III gasoline by VND 611/liter; RON95-III gasoline: not higher than VND 21,002/liter (down VND 140/liter compared to the current base price).

Diesel 0.05S: no higher than 19,246 VND/liter (down 948 VND/liter compared to the current base price); kerosene: no higher than 19,439 VND/liter (down 671 VND/liter compared to the current base price); Madut 180CST 3.5S: no higher than 17,502 VND/kg (down 250 VND/kg compared to the current base price).

In this management period, the joint ministries did not set aside or use the Petroleum Price Stabilization Fund for E5RON92 gasoline, RON95 gasoline, diesel oil, kerosene, and fuel oil.

The world oil market in this operating period (from January 23, 2025 to January 31, 2025) is affected by factors such as: increased US crude oil reserves, US tax policies issued by the US President for some countries, the upcoming OPEC+ meeting on the plan to increase supply, the ongoing military conflict between Russia and Ukraine...

The above factors have caused world oil prices to increase and decrease in recent days depending on the product, but the general trend is downward.

The average price of finished petroleum products in the world between the price management period on January 23, 2025 and the management period on February 1, 2025 is: 84.534 USD/barrel of RON92 gasoline used to blend E5RON92 gasoline (down 0.184 USD/barrel, equivalent to a decrease of 0.22%); 86.838 USD/barrel of RON95 gasoline (down 0.190 USD/barrel, equivalent to a decrease of 0.22%); 93.208 USD/barrel of kerosene (down 3.268 USD/barrel, equivalent to a decrease of 3.39%); 93.290 USD/barrel of 0.05S diesel oil (down 4.836 USD/barrel, equivalent to a decrease of 4.93%); 489,698 USD/ton of 180CST 3.5S fuel oil (down 5,800 USD/ton, equivalent to a decrease of 1.17%).

Source: https://baoquocte.vn/theo-da-the-gioi-gia-xang-dau-dong-loat-giam-tu-15h-chieu-nay-12-302839.html