Gasoline price drops at 3pm this afternoon

From 3:00 p.m. today, each liter of E5 RON 92 gasoline decreased by 90 VND, RON 95 decreased by 192 VND per liter, while oil products increased by 54-175 VND.

According to management information from the Ministry of Industry and Trade - Ministry of Finance, each liter of RON 95 gasoline decreased by 192 VND, to a maximum of 20,886 VND; E5 RON 92 gasoline decreased by 90 VND, to 19,729 VND. This is the first retail price reduction of gasoline products after two consecutive increases.

Illustration photo. Photo: Internet

After adjustment, diesel oil increased to a maximum of 16,063 VND per liter; kerosene increased to 15,016 VND and mazut oil to a maximum of 11,358 VND per kg.

The average price of finished petroleum products in the world in the past 15 days has fluctuated and fluctuated with a large amplitude. Each barrel of RON 92 gasoline (used to blend E5 RON 92 gasoline) decreased by nearly 2%, to 70.661 USD per barrel; RON 95 gasoline also decreased to 74.508 USD per barrel, equivalent to more than 2%.

Therefore, the operator decided to use 100 VND per liter from the Price Stabilization Fund for E5 RON 92 gasoline, a decrease of 100 VND compared to the operation period 15 days ago.

Along with adjusting the selling price, the regulatory agency deducted an additional VND100 per liter from the Price Stabilization Fund for E5 RON 92 gasoline, diesel, and kerosene. RON 95 gasoline was deducted VND400 per liter, and mazut was deducted VND800.