Gasoline prices forecast to drop sharply for the third consecutive week

Thạch Lam |

The forecast for gasoline prices in the price adjustment session on Thursday afternoon this week may continue to decrease.

According to a survey at 1:46 a.m. on December 23, world oil prices increased simultaneously. WTI crude oil prices increased by 1.37 USD/barrel (up 2.42%), to 57.89 USD/barrel. Brent oil price increased by 1.47 USD/barrel (up 2.43%), to 61.94 USD/barrel.

Do hoa: Thach Lam
Graphics: Thach Lam

Oil prices increased in the first session of the week, after the US Coast Guard chased an oil tanker in international waters near Venezuela. In addition, attacks that damaged two ships and a port in Russia have raised concerns about the possibility of disruption to global oil supplies.

According to the Ministry of Industry and Trade, the world petroleum market last week (from December 11, 2025 to December 17, 2025) was affected by main factors such as: Developments in peace negotiations between Russia and Ukraine promoted by the US could lead to increased oil supply from Russia; US crude oil inventories decreased but gasoline and distillate inventories increased beyond forecasts; tensions in relations between the US and Venezuela; the military conflict between Russia and Ukaina continues...

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

For the domestic market, a representative of a petroleum business said that it will fluctuate according to the world petroleum situation. According to current market developments, it is forecasted that in the next price adjustment period, retail prices of gasoline may continue to decrease.

In particular, the price of RON 95-III gasoline is forecast to decrease by about 720 VND/liter; E5 RON 92-II gasoline decreases by about 530 VND/liter; Diesel oil decreases by about 340 VND/liter. If it is as forecast, this will be the third consecutive week that domestic gasoline prices have decreased simultaneously.

In the adjustment session last week (December 18), gasoline prices decreased simultaneously compared to the price adjustment period last week. Of which, E5 RON 92 gasoline is priced at VND 19,239/liter (down VND 376/liter). RON 95-III gasoline is priced at VND19,620/liter (down VND462/liter).

Prices of oil products also decreased simultaneously. Diesel 0.05S is priced at VND17,476/liter (down VND678/liter); kerosene has a new price of VND17,937/liter (down VND704/liter); mazut 180CST 3.5S is priced at VND13,160/kg (down VND233/kg).

Thạch Lam
RELATED NEWS

RON 95-III gasoline price forecast to drop sharply by 720 VND/liter

|

The forecast for gasoline prices in the price adjustment session on Thursday afternoon may increase.

Forecast of oil price reversal to increase

|

The forecast for gasoline prices in the price adjustment session on Thursday afternoon may increase.

Forecast of deep decline in gasoline prices for the third consecutive week

|

The gasoline price forecast in the price adjustment session on Thursday afternoon may continue to decrease.

Two brothers injured after explosion from a rented room in Hai Phong

|

Hai Phong - On the morning of December 23, the leader of An Hai ward informed about the explosion that occurred at a motel in Dong Dien alley, Ton Duc Thang street.

Transferring the police to investigate the case of Bac Me hydropower plant releasing floodwaters

|

Tuyen Quang - The incident of Bac Me hydropower plant releasing floodwaters was transferred to the Investigation Police Agency to clarify whether there were any violations or not, causing serious landslides on National Highway 34.

Quach Thi Lan and her sweet farewell to the SEA Games

|

Quach Thi Lan ended her journey to participate in the SEA Games with an individual gold medal in the women's 400m hurdles, as a sweet farewell.

President Trump announces the construction of a large armored ship named after him

|

US President Donald Trump announced plans to build a new Navy armored fleet, laying the foundation for the "Golden Squadron".

A series of Green Market kiosks in Hanoi caught fire at dawn

|

Hanoi - At the time of the fire, strong winds caused more smoke and fire, many kiosks in Xanh Market, Phuong Liet Ward were burned down.

RON 95-III gasoline price forecast to drop sharply by 720 VND/liter

Thạch Lam |

The forecast for gasoline prices in the price adjustment session on Thursday afternoon may increase.

Forecast of oil price reversal to increase

Thạch Lam |

The forecast for gasoline prices in the price adjustment session on Thursday afternoon may increase.

Forecast of deep decline in gasoline prices for the third consecutive week

Thạch Lam |

The gasoline price forecast in the price adjustment session on Thursday afternoon may continue to decrease.