RON 95 gasoline exceeds 20,000 VND/liter; oil prices fluctuate

Today's gasoline prices, from 3:00 p.m. on March 20, 2025, each liter of E5 RON 92 gasoline increased by 414 VND/liter, RON 95 gasoline increased by 438 VND/liter; oil prices increased and decreased in opposite directions.

The Ministry of Industry and Trade - Ministry of Finance has just adjusted the retail price of gasoline and oil in the adjustment period today, March 20. The application time is from 3:00 p.m. on March 20, 2025.

Today's gasoline prices, from 3:00 p.m. on March 20, 2025, each liter of E5 RON 92 gasoline increased by 414 VND/liter, RON 95 gasoline increased by 438 VND/liter; oil prices increased and decreased in opposite directions. Photo: TT

Specifically, the price of E5 RON 92 gasoline increased by VND414/liter, to VND19,695/liter; RON 95 gasoline increased by VND438/liter, to VND20,087/liter.

Meanwhile, oil prices fluctuated in opposite directions during this operating period. Specifically, diesel 0.05S price: decreased by 5 VND/liter, down to 17,893 VND/liter; kerosene increased by 28 VND/liter, at 18,118 VND/liter; fuel oil 180CST 3.5S decreased by 40 VND/kg, down to 16,955 VND/kg.

In this management period, the Ministry of Industry and Trade - Ministry of Finance did not set aside or use the Petroleum Price Stabilization Fund for E5RON92 gasoline, RON95 gasoline, diesel oil, kerosene, and mazut oil.

According to the Ministry of Industry and Trade, the average price of finished petroleum products in the world between the price adjustment period of March 13, 2025 and the adjustment period of March 20, 2025 is: 79.334 USD/barrel of RON92 gasoline used to blend E5RON92 gasoline (up 2.194 USD/barrel, equivalent to an increase of 2.84%); 80.754 USD/barrel of RON95 gasoline (up 2.162 USD/barrel, equivalent to an increase of 2.75%); 84.206 USD/barrel of kerosene (up 0.024 USD/barrel, equivalent to an increase of 0.03%); 84.136 USD/barrel of 0.05S diesel oil (down 0.168 USD/barrel, equivalent to a decrease of 0.20%); 462,612 USD/ton of 180CST 3.5S fuel oil (down 2,180 USD/ton, equivalent to a decrease of 0.47%).

On the world market, at 6:00 a.m. this morning, March 20, WTI oil price was at 67.24 USD/barrel, up 0.33 USD/barrel. Brent oil price was at 70.92 USD/barrel, up 0.37 USD/barrel.

Oil prices rose slightly after US government data showed that US crude inventories rose by 1.7 million barrels to 437 million barrels last week, higher than the 512,000 barrel increase analysts had expected, Reuters reported.

However, distillate fuel inventories, which include diesel and heating oil, fell 2.8 million barrels to 114.8 million barrels last week, far exceeding expectations for a 300,000-barrel drop.

Oil prices fell about 1% in the previous session after Russia agreed to a proposal by U.S. President Donald Trump that Moscow and Kiev halt attacks on each other’s energy infrastructure. Analysts said the move increased the chances of peace and could pave the way for Russian oil to return to global markets.

Experts also say that even if a deal is reached, it will take time for Russia’s energy exports to increase significantly. The short-term impact may just be a diversion of flows to find better prices.

Previously, on March 13, the Ministry of Industry and Trade and the Ministry of Finance adjusted the gasoline price downward. Specifically, the price of RON 95 gasoline decreased by VND760/liter, the selling price was VND19,640/liter.

Meanwhile, the price of E5 gasoline was also adjusted down by 680 VND/liter, the selling price down to 19,280 VND/liter.

Diesel price was adjusted down by 440 VND/liter, selling price to 17,890 VND/liter.

In this operating period, the Ministry of Industry and Trade - Ministry of Finance did not set aside or use the Petroleum Price Stabilization Fund for E5RON92 gasoline, RON95 gasoline, diesel oil, kerosene, and fuel oil.

Since the beginning of 2025, domestic gasoline prices have undergone 11 adjustment sessions, including 5 sessions of decrease, 5 sessions of increase and 2 sessions of opposite direction.

Source: https://congthuong.vn/gia-xang-dau-2032025-xang-ron-95-vuot-20000-donglit-gia-dau-tang-giam-trai-chieu-379147.html