Giá xăng giảm hơn 1.000 đồng mỗi lít hôm nay ngày 4/5 2023

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From 3:00 p.m. today (May 4), each liter of gasoline will decrease by 1,250-1,310 VND, and oil products will also decrease by 340-1,140 VND.

According to inter-ministerial adjustments, worried commodities and oil simultaneously decreased.

Table of Contents

Price changers can be as follows:

Items	New price	Change
Gasoline RON 95-III	22,320	– 1,310
E5 RON 92 gasoline	21,430	– 1,250
Diesel oil	18,250	– 1,140
Base oil	18,520	– 960
Fuel oil	15,500	– 340

Unit: VND/liter or kg (type)

On any given day, the operator continues not to spend from the Gas and Oil Stabilization Fund. Instead, the price for the Price Stabilization Fund for gasoline products increased from 300 VND to 500 VND per liter; fuel oil increased from 0 VND to 300 VND per kg.

Oil products (diesel oil, diesel oil) remain at 300 VND per liter as in this operating period April 21.

Giá xăng giảm hơn 1.000 đồng mỗi lít hôm nay ngày 4/5 2 Gasoline and oil price developments from the beginning of the year until now

According to the Ministry of Industry, Trade and Finance, the world petroleum market has dropped sharply in the past 15 days due to worries about the possibility of economic recession, the increasing banking crisis in the US and the move to increase the effective interest rate by 0.25 percentage points. interest rate of the US Federal Reserve (Fed).

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The average cost of world oil products decreased by 5.3 – 8.7% depending on the product. Pharmaceuticals, each barrel of RON 92 (used to prepare E5 RON 92) decreased by more than 8.7% to 89.39 USD per barrel.

RON 95 gasoline is 93.33 USD per barrel, down nearly 8.4% compared to the operating period on April 21. Diesel oil lost 7.2%, remaining at 90.91 USD/barrel; fuel oil was 447.15 USD per ton, equivalent to a decrease of 5.4% compared to the previous period.