The gasoline price forecasting model using machine Learning of the Vietnam Petroleum Institute (VPI) shows that in the operating period on October 23, 2025, retail gasoline prices may decrease by 1.3-1.5% while oil prices will decrease sharply by 2.6-4.5% compared to the previous operating 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, data analysis expert of VPI, the retail price of E5 RON 92 gasoline may decrease by VND288 (1.5%) to VND18,932/liter, while RON 95-III gasoline may decrease by VND261 (1.5%) to VND19,539/liter.
VPI's model also predicts that in this period, diesel prices may decrease sharply by 4.5% to VND 17,591/liter, mazut may decrease by 3.9% to VND 14,148/kg, and kerosene prices may decrease by 2.6% to VND 17,922/kg. 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 adjustment period, retail prices of gasoline may decrease.
In particular, the price of RON 95 - III gasoline is forecast to decrease by about 220 VND/liter; E5 RON 92 - II gasoline decreases by about 200 VND/liter; Diesel oil decreases by about 600 VND/liter.
In the recent adjustment session (October 16), gasoline prices increased simultaneously compared to the previous price management period. Of which, E5 RON 92 gasoline is priced at VND 19,226/liter (up VND 88/liter). RON 95-III gasoline is priced at VND19 903/liter (up VND173/liter).
Prices of oil products have decreased simultaneously. Of which, diesel 0.05S is priced at VND18,423/liter (down VND181/liter); kerosene has a new price of VND18,406/liter (down VND28/liter); mazut is priced at VND14,371/kg (down VND437/kg).
