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Retail gasoline price may reduce in this week

The slunge of the gasoline price in the globle market will contribute to adjust price of gasoline in the domestic market, about VND500 a liter.

According to data from Bloomberg News, gasoline price in Singapore market has downed to USD109.55 a barrel in November 5th, the lowest price since July, pulling the 10 and 30 days average price down to USD113.19 a barrel and USD119.87 a barrel respectively.

As forecast from Sai Gon Security Join Stock Company (SSI), the plunge of world gasoline price will impact on the domestic price to reduce in this week, may be around VND500 a liter depending on the time closing the base price from Ministry of Finance.

Xangdau.net