Today's gasoline prices (August 8, 2025): RON95 gasoline is approaching 20,074 VND/liter, diesel and kerosene prices have decreased, no use of the Price Stabilization Fund — quick and accurate update.
1. Fluctuations in domestic gasoline and diesel prices.
During the word adjustment 3 PM on August 7thThe Ministry of Industry and Trade and the Ministry of Finance jointly announce the new prices as follows:
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RON95-III gasoline: Not higher 20,074 VND/liter (increase 234 VND/liter)
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E5 RON92-II gasoline: Not higher 19,608 VND/liter (increase 207 VND/liter)
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Diesel fuel 0.05S: Not higher 18,800 VND/liter (reduce 268 VND/liter)
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Oil: Not higher 18,660 VND/liter (reduce 54 VND/liter)
Notably, in this adjustment, the Inter-Ministerial Committee did not allocate or disburse funds. Fuel price stabilization fund for items
2. Trends in world oil prices and influencing factors
World oil prices have been falling continuously, marking the sixth consecutive day of decline. The main reasons include:
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OPEC+ increases production further. 547,000 barrels/day from September
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New tariff policies from the US are putting pressure on the oil market.
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Nevertheless, a sharp drop in US crude oil inventories and an increase in Chinese oil imports helped limit the decline.
3. Impact and Expert Perspective
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Job RON95 gasoline price exceeds 20,000 VND. This could impact the cost of living, transportation costs, and production.
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Consumers should consider using biofuels such as E5 or E10 — if available — to reduce costs.
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The failure to utilize the Price Stabilization Fund means that gasoline prices fully reflect market adjustments, which are highly volatile due to international developments.
