According to a survey at 4:10 PM on March 13, world gasoline and oil prices fluctuated in opposite directions. WTI oil price was at 95.47 USD/barrel, down 0.26 USD/barrel, equivalent to a decrease of 0.27%. Brent oil was at 100.90 USD/barrel, up 0.44 USD/barrel, equivalent to an increase of 0.44%.
Sharing with Lao Dong, a representative of a gasoline and oil business said that domestic gasoline and oil prices will fluctuate according to the world gasoline and oil situation. According to current market developments, it is predicted that in the next price adjustment period, retail gasoline and oil prices may increase.
According to the Ministry of Industry and Trade, the world gasoline and oil market on March 11, 2026 is affected by key factors such as: Military conflict between the US, Israel and Iran continues to take place; transportation through the Strait of Hormuz continues to be disrupted after new attacks target ships intending to pass through this strait; a refinery in the UAE had to close after being attacked; the IEA proposes to discharge oil from strategic reserves; military conflict between Russia and Ukraine continues to take place...
The Ministry of Industry and Trade said that the above factors caused world gasoline and oil prices on March 11, 2026 to increase or decrease compared to March 10, 2026 depending on the item.
At the gasoline and oil price announcement on March 12, 2026, the inter-Ministry of Industry and Trade - Finance decided to continue to apply the gasoline and oil price management plan combining gasoline and oil price stabilization and domestic gasoline and oil price adjustment to stabilize gasoline and oil prices, ensuring that domestic gasoline and oil prices accurately reflect the trend of world gasoline and oil prices; continue to maintain the price difference between E5RON92 bio-gasoline and RON95 unleaded gasoline at a reasonable level to encourage the use of biofuels; ensure harmony of interests between market participants.
After implementing the provision and use of the gasoline and oil price stabilization fund for gasoline and oil products, the selling prices of popular consumer gasoline and oil products on the market from 10:00 PM on March 12th are as follows:
- E5RON92 gasoline: not higher than 22,504 VND/liter (down 447 VND/liter compared to the current maximum selling price, equivalent to a decrease of 1.95%), lower than RON95-III gasoline by 3,071 VND/liter;
- RON95-III gasoline: not higher than 25,575 VND/liter (an increase of 335 VND/liter compared to the current maximum selling price, equivalent to an increase of 1.33%);
- Diesel oil 0.05S: not higher than 27,025 VND/liter (an increase of 555 VND/liter compared to the current maximum selling price, equivalent to an increase of 2.10%);
not higher than 26,932 VND/liter (an increase of 2,513 VND/liter compared to the current maximum selling price, equivalent to an increase of 10.29%);
- 180CST 3.5S mazut oil: not higher than 18,661 VND/kg (down 340 VND/kg compared to the current maximum selling price, equivalent to a decrease of 1.79%).
