After hit the peak at USD138 a barrel in early April, A92 gasoline from Singapore has retreated again. Yesterday, price reduced by 1,45% to USD122,4 a barrel.

It is following to the trend of the world oil market in the context of slower growth of The U.S. economy. Closed the session in Monday, Brent crude oil prices fell 2% to USD113.16 a barrel while light sweet crude oil in the U.S. market continued to decline below USD100 a barrel.

Some times last night, crude oil dropped to USD95.34 a barrel before retreated to USD97.94 a barrel in the last hour. Last week, crude oil lossed by 6.1%, fell the most since late September 2011.

While price of A92 gasoline from Singapore, the main market for importers in Vietnam, has slumpped to USD122.4 a barrel fob after hit peak at USD138 a barrel in.

The import price soared to USD138 a barrel in 4th April has boosted government to lifted retail price additional VND900 a liter in 20th April, at this time, price from Singapore droped USD5.8 a barrel and continued to slumpped recently to USD122.4 a barrel fob, but retail price in domestic market still is keeping at higher level. This is as a question for an answer from authorities.

Xangdau.net