From 3:00 p.m. on November 14, gasoline prices decreased across the board.

From 3:00 p.m. on November 14, the Ministry of Industry and Trade - Ministry of Finance announced the adjustment of gasoline prices.

Customers filling up gas in Ho Chi Minh City - Photo: QUANG DINH

Accordingly, the new price of E5 gasoline is 19,452 VND/liter, a decrease of 292 VND/liter. Similarly, the new price of RON 95-III gasoline is 20,607 VND/liter, a decrease of 247 VND/liter.

The price of 0.05S diesel oil was adjusted to VND18,573/liter, down VND344/liter. Kerosene oil is priced at VND18,988/liter, down VND306/liter compared to the current base price; 180CST 3.5S fuel oil is adjusted to VND16,009/kg, down VND385/kg.

The joint ministries decided not to set aside and not to spend the Petroleum Price Stabilization Fund for E5 RON 92 gasoline, RON 95 gasoline, diesel, kerosene and fuel oil products in this management period.

According to the joint agency of the Ministry of Industry and Trade - Ministry of Finance, the world oil market from the 7th management period to November 13 is affected by factors such as: OPEC reduces its forecast for global oil demand growth in 2024 and the following year, the US dollar increases in price, conflicts in the Middle East and military conflicts between Russia and Ukraine continue...

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

Source: https://tuoitre.vn/tu-15h-chieu-14-11-gia-xang-dau-dong-loat-giam-20241114144030827.htm