The Department of Domestic Market Management and Development (Ministry of Industry and Trade) has just sent a document to the departments of industry and trade of provinces and cities and key businesses and distributors of gasoline and oil regarding the time to adjust gasoline and oil prices.
Accordingly, this agency said that according to current regulations, Thursday, January 1, 2026 is the New Year holiday. Therefore, gasoline and oil price management will be implemented on Wednesday, December 31 - the last working day of 2025.
According to a representative of a gasoline and oil business, 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.
In the adjustment session last week (December 25), gasoline prices simultaneously decreased. In which, E5 RON 92 gasoline priced at 18,716 VND/liter (down 523 VND/liter). RON 95-III gasoline priced at 19,006 VND/liter (down 614 VND/liter).
The prices of oil products also decreased simultaneously. Diesel 0.05S priced at 17,257 VND/liter (down 219 VND/liter); kerosene had a new price of 17,709 VND/liter (down 228 VND/liter); mazut oil 180CST 3.5S priced at 13,382 VND/kg (up 222 VND/kg).
In the price management session last week, the Ministry of Industry and Trade said that the world gasoline and oil market (from December 18, 2025 - December 24, 2025) is affected by key factors such as: Prospects for a peace agreement between Russia and Ukraine; tensions in relations between the United States and Venezuela, the United States blocking Venezuelan oil tankers; military conflict between Russia and Ukraine continues, the two sides continue to attack each other's energy infrastructure... The above factors have caused world gasoline and oil prices in recent days to increase and decrease depending on each item.
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