Vietnam Grapples With Fuel Shortages

Vietnam Grapples With Fuel Shortages

OilPrice.com

Published

Vietnam has been grappling with gasoline and diesel shortages for weeks after its main refinery cut production last month and forced the Southeast Asian nation to tap its strategic national reserves to alleviate the supply crunch. Hundreds of gas stations across Vietnam have had to close because they have run out of fuels, while the price of gasoline was raised to a record-high earlier this week as international crude oil prices rallied. Vietnam will be auctioning more than 26 million gallons of gasoline from its state reserves, state media in…

Full Article