Gasoline price forecast to decrease in this afternoon's operating session

Thạch Lam |

It is forecasted that in this afternoon's price adjustment session (September 11), gasoline prices will decrease, oil prices will increase and decrease in different directions.

According to the forecast of the petroleum price forecasting model using machine Learning of the Vietnam Petroleum Institute (VPI), in the adjustment period on September 11, 2025, retail gasoline prices may only decrease slightly by 0.2 - 0.5% compared to the previous adjustment period if the Ministry of Finance - Industry and Trade does not set aside or use the Petroleum Price Stabilization Fund.

According to Mr. Doan Tien Quyet - VPI's data analysis expert, the retail price of E5 RON 92 gasoline may decrease by 101 VND/liter (0.5%) to 19,749 VND/liter, while RON 95-III gasoline may decrease by only 45 VND (0.2%) to 20,385 VND/liter.

VPI's model also predicts that retail oil prices will increase and decrease in opposite directions during this period. Accordingly, mazut prices may decrease by 2.8% to VND 14,940/kg, while diesel prices increased slightly by 1.1% to VND 18,673/liter and kerosene increased slightly by 0.2% to VND 18,347/liter.

VPI forecasts that the Ministry of Finance - Industry and Trade will continue not to set aside or use the Petroleum Price Stabilization Fund this period.

According to a representative of a petroleum business, domestic petroleum prices will fluctuate according to the world petroleum situation. According to current market developments, it is forecasted that in the next price management period, retail prices of gasoline may have opposite adjustments in the direction of decreasing gasoline prices and increasing oil prices.

In particular, the price of RON 95 - III gasoline is forecast to decrease by about 0-50 VND/liter; E5 RON 92 - II gasoline decreases by about 50-100 VND/liter; Diesel increases by about 150-200 VND/liter.

In the adjustment session last week (September 4), the price of E5 RON 92 gasoline increased compared to the previous adjustment period, at VND19,55/liter (up VND80/liter). RON 95-III gasoline price increased compared to the previous adjustment period, priced at VND 20,439/liter (up VND 76/liter).

Prices of oil products have also increased simultaneously. Of which, diesel 0.05S is priced at VND18,473/liter (up VND116/liter); kerosene has a new price of VND18,314/liter (up VND89/liter).

Thạch Lam
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