Gasoline prices increase sharply, exceeding 23,000 VND/liter
Based on the management of the Ministry of Industry and Trade - Ministry of Finance, businesses simultaneously listed a sharp increase in gasoline prices in the management period on April 11.
Specifically, E5 gasoline increased by 1,090 VND/liter, selling price is 23,170 VND/liter. RON95 gasoline increased by 1,120 VND/liter, selling price is 23,120 VND/liter.
Diesel price increased by 710 VND/liter, selling price is 20,140 VND/liter.
![]() |
Gasoline prices increased sharply. |
In this operating period, the joint ministries continued not to spend the Petroleum Price Stabilization Fund. At the same time, the Fund was set aside for E5 gasoline at 150 VND/liter, RON95 gasoline at 300 VND/liter, diesel at 300 VND/liter, and kerosene at 300 VND/liter.
According to the Ministry of Industry and Trade, the world oil market in this operating period (from April 3-11) is affected by factors such as: The Organization of the Petroleum Exporting Countries (OPEC) and its allies, also known as OPEC+, have agreed to increase voluntary production cuts from May to 1.6 million barrels per day to stabilize the global market; concerns about inflation and tight monetary policies affecting the global economic recovery, etc. These factors have caused oil prices to fluctuate, but in general, they have increased.
Previously, in the operating period on April 3, E5 gasoline increased by 60 VND/liter, the selling price was 22,080 VND/liter. RON95 gasoline increased by 90 VND/liter, the selling price was 23,120 VND/liter. Diesel oil price increased by 130 VND/liter, the selling price was 19,430 VND/liter.