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Gasoline costs at this time on August 29: All of a sudden turned again to lower with out time to cease

Monday, August 29, 2022 09:23

Within the newest buying and selling session, home gasoline costs remained unchanged whereas world crude oil costs dropped once more after consecutive will increase.

Gasoline costs at this time on the planet

Within the buying and selling session on August 27, based on Vietnam time, Vietnam time, on the New York Mercantile Alternate, the worth of WTI mild candy crude oil delivered in September 2022 stood at US$92.97/barrel, up 0. 45 USD/barrel in session.

Brent oil worth delivered in October 2022 stood at 100.80 USD/barrel, up 1.46 USD/barrel through the session.

It may be seen that oil costs fell barely at this time when the crude oil market raised issues that demand was weaker earlier than the chance that the Fed signaled that it’d elevate rates of interest within the close to future.


The robust rise of the USD together with the unfavourable sentiment of traders on the US inventory market additionally created downward strain on oil costs at this time.

Furthermore, the market recorded many indicators of enhancing provide, which additionally brought on the oil worth to out of the blue drop sharply at this time.

Petrol worth at this time within the nation

Gasoline worth at this time

On the afternoon of August 22, the Ministry of Business and Commerce – Finance determined to regulate the retail gasoline worth each 10 days.

Throughout the working interval on August 22, the gasoline worth was adjusted to maintain the identical worth because the adjustment on August 11. Particularly, the worth of gasoline RON 95-III and E5 RON 92 remained unchanged at 24,660 VND and 23,720 VND/liter, respectively.


Oil worth at this time

Though the gasoline worth on this working interval remained unchanged, the promoting worth for oil merchandise was adjusted sharply. Accordingly, the worth of diesel oil elevated by 850 VND per liter to 23,750 VND. Kerosene additionally elevated by 730 VND, to 24,050 VND per liter. Significantly for mazut oil, the promoting worth stays the identical, VND 16,540 per kg as 10 days in the past.

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