Gasoline and oil prices increased sharply
From 3:30 p.m., each liter of E5RON92 gasoline increased by 609 VND, RON95 III increased by 650 VND, and oil products increased by 576-651 VND.
The Ministry of Industry and Trade - Ministry of Finance said that with this adjustment, the price of E5 RON92 gasoline will increase to a maximum of 14,494 VND.RON95 gasolineThe highest price is 15,351 VND. Diesel price increased by 596 VND, to 11,434 VND per liter. Kerosene increased by 576 VND per liter, to 10,138 VND. Madut oil is at a maximum of 11,742 VND per kilogram, equivalent to an increase of 651 VND.
To limit the increase, the operator continues to use the tool from the Price Stabilization Fund. This time, the joint ministries did not deduct from the fund for E5RON92 gasoline, kerosene and mazut. RON95 gasoline was deducted at 100 VND per liter, equivalent to the previous management period. Meanwhile, the fund deduction for diesel oil decreased to 100 VND per liter, compared to 200 VND in the previous period.
The regulator also spent VND1,000 from the compensation fund for each liter of E5RON92 gasoline, up from VND900 in the previous period. The spending level for RON95 is VND200 per liter, up from VND100 in the previous period, for fuel oil is VND200 per kilogram (up from VND100 in the previous period), and for diesel and kerosene is VND300 per liter.
Ministry of Industry and Trade - Financesaid that if the Stabilization Fund is not continued to be spent, the price of gasoline and oil will increase compared to the current price by about 850-1,600 VND per liter.
