Gasoline prices drop from afternoon of January 15

From 3:30 p.m. today (January 15), the Ministry of Industry and Trade - Ministry of Finance decided to use the Petroleum Price Stabilization Fund to reduce domestic retail prices. Accordingly, each liter of E5 RON 92 gasoline decreased by 36 VND, RON 95 gasoline decreased by 77 VND. Oil products also decreased by 43-50 VND per liter, while mazut oil increased by 789 VND per kilogram.

After adjustment, the retail price of E5 RON 92 gasoline is no higher than VND19,845 per liter, RON 95 gasoline is VND20,913. Kerosene is a maximum of VND15,535 per liter, diesel is no more than VND16,548 and mazut is VND12,709 per kilogram.

The operator deducts 100 VND from the Price Stabilization Fund for each liter of E5 RON 92 gasoline, diesel oil and kerosene. The fund deduction for RON 95 gasoline is 400 VND per liter. Only fuel oil does not deduct from the fund. At the same time, the expenditure level for using the Price Stabilization Fund for E5 RON 92 gasoline is 200 VND per liter. Oil products are 150 VND per liter.

According to information from the Vietnam National Petroleum Group (Petrolimex), the estimated balance of the petroleum price stabilization fund at this enterprise is 1,462 billion VND.