Gasoline price fluctuations today November 30, 2023

The end of November witnessed uneven fluctuations between gasoline and oil prices in the energy market. As of 3:00 p.m. on November 30, 2023, these types of products have undergone price adjustments with notable changes, according to information from the Ministry of Industry, Trade and Finance.

Detailed Gasoline Price Changes

  • Gasoline Ron 95: Reduced by 30 VND/liter, selling price no higher than 22,990 VND/liter.
  • E5 Ron 92 gasoline: Increase 100 VND/liter, selling price does not exceed 21,790 VND/liter.
  • Diesel oil: Reduced by 90 VND/liter, selling price will not increase more than 20,190 VND/liter.
  • Fuel: An increase of 170 VND/liter, the selling price is not higher than 21,110 VND/liter.
  • Mazut Oil: Increase 90 VND/liter, selling price does not exceed 15,720 VND/kg.

The Ministry of Industry and Trade said that the world petroleum market in the past 7 days has experienced mixed fluctuations. This increase or decrease is influenced by investors’ attention to expectations that OPEC+ will cut new supply and ignores the increase in US crude oil, gasoline and distillate reserves.

The mix of price increases and decreases in world markets simultaneously creates uncertainty about the outlook for the global energy sector. This also increases the complexity in managing gasoline prices in Vietnam.

This is the 5th consecutive time the Ministry has not made an appropriation to the Petroleum Price Stabilization Fund, and continues to maintain the level of spending from this fund for gasoline and oil products. Since the beginning of the year, there have been 33 gas price adjustments, including 17 increases, 12 decreases and 4 stays the same.

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