Specifically, the price of E5 RON92 gasoline increased by 56 VND/liter, not exceeding 18,339 VND/liter. RON95 gasoline rose by 214 VND/liter, capping at 18,845 VND/liter.
Diesel prices climbed by 473 VND/liter, reaching a maximum of 18,173 VND/liter. Kerosene saw a 226 VND/liter hike, not surpassing 18,176 VND/liter, while mazut increased by 761 VND/kg, capping at 14,633 VND/kg.
As of 3 PM today, prices for all fuel products have been adjusted upward. (Illustrative image: Minh Đức)
During this period, the regulatory body continued to neither allocate nor utilize the price stabilization fund for fuel products.
According to the Ministry of Industry and Trade, the global fuel market during this adjustment period (January 22–28, 2026) was influenced by key factors such as: escalating tensions between the U.S. and Iran; severe cold weather in the U.S.; a sharper-than-expected decline in U.S. oil inventories; a weakening U.S. dollar; prospects in negotiations to resolve the military conflict between Russia and Ukraine; and the ongoing military conflict between Russia and Ukraine.
These factors led to fluctuating global fuel prices over recent days, varying by product.
The average global prices of refined fuel products between the January 22, 2026, and January 29, 2026, adjustments were: $71.468/barrel for RON92 gasoline used to blend E5 RON92 (up $0.412/barrel); $73.582/barrel for RON95 gasoline (up $1.214/barrel); $84.804/barrel for kerosene (up $1.416/barrel); $85.154/barrel for diesel (up $2.798/barrel); and $389.666/ton for mazut (up $27.152/ton).
Since the beginning of 2026, domestic gasoline prices have undergone four adjustments: two reductions and two increases.
Previously, during the January 22 adjustment, E5 RON92 gasoline decreased by 93 VND/liter, capping at 18,283 VND/liter. RON95 gasoline dropped by 81 VND/liter, not exceeding 18,631 VND/liter.
Diesel prices rose by 413 VND/liter, capping at 17,700 VND/liter. Kerosene increased by 253 VND/liter, not surpassing 17,950 VND/liter, while mazut climbed by 471 VND/kg, capping at 13,872 VND/kg.
Fuel Prices Surge After Five Consecutive Drops
After five consecutive price reductions, the Ministries of Industry and Trade and Finance have announced an increase in retail fuel prices, effective from 3 PM today (January 15th).
Is the Downward Trend in Gas Prices About to End?
After several consecutive periods of price reductions, domestic fuel prices are expected to see a slight increase tomorrow (January 15th), closely following the global trends in refined petroleum product prices.
Fuel Prices Drop for the Fifth Consecutive Time
The Ministries of Industry and Trade, and Finance have jointly adjusted the retail prices of petroleum products, effective from 3 PM on January 8th. This adjustment continues the trend of reducing prices for domestic petroleum products.
Fuel Prices Plummet: RON95 Drops to Nearly 19,000 VND per Liter
Starting at 3 PM today, December 25th, fuel prices across the board are dropping. E5 RON92 gasoline has fallen below 19,000 VND per liter, while RON95 is now hovering just above that mark.
Fuel Prices Plummet: Gasoline Drops Below 20,000 VND/Liter in Widespread Reduction
At 3:00 PM on December 11th, the Ministries of Industry and Trade and Finance jointly announced a reduction in the prices of petroleum products.
