On August 13, the price of imported gasoline in the Singapore market returned to 91.98 USD/barrel for RON 95 gasoline and 87.5 USD/barrel for RON 92 gasoline. Therefore, it is likely that domestic gasoline prices may increase during this adjustment period.

Of which, gasoline prices are expected to increase by about 300 - 400 VND/liter, while diesel may increase by about 200 - 300 VND/liter. In case the Ministry of Industry and Trade - Finance jointly draws from the Price Stabilization Fund, gasoline prices may increase slightly.

Similarly, the owner of a petroleum distribution company in the North also predicted that gasoline prices will increase in the operating period tomorrow. The discount on gasoline on August 14 at many warehouses is around 850 - 1,050 VND/liter.

If forecasts are correct, domestic gasoline prices will rebound after five consecutive decreases. Since the beginning of the year, gasoline prices have increased 16 times and decreased 16 times. Diesel prices have increased 15 times and decreased 15 times.

Last week, the Ministry of Industry and Trade - Ministry of Finance adjusted gasoline prices down for the fifth consecutive time in the domestic market. Currently, today's domestic gasoline prices are trading at the following specific levels:

- Retail price of E5 RON 92 gasoline is not more than 20,715 VND/liter.

- Retail price of RON95-III gasoline is not more than 21,673 VND/liter.

- Retail diesel price is not more than 19,141 VND/liter.

- Retail price of kerosene is not more than 19,411 VND/liter.

- Fuel oil price is not more than 16,028 VND/kg.