E5 gasoline and oil prices increase together
From 3:00 p.m. today, except for RON 95 gasoline, each liter of E5 RON 92 gasoline and other oil products will increase slightly by 150-280 VND.
Information on retail gasoline price management from the Ministry of Industry and Trade - Ministry of Finance said that from 3:00 p.m. on July 28, each liter of E5 RON 92 gasoline will be more expensive by VND150, up to a maximum of VND14,409. Meanwhile, the operator will keep the price of RON 95 gasoline unchanged compared to the price adjustment period 15 days ago.
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| Gasoline prices fluctuated slightly. |
Oil products also increased by 240-280 VND per liter or kilogram depending on the type. After the adjustment, kerosene will not be higher than 10,279 VND per liter; diesel will be at most 12,397 VND and mazut will be 11,183 VND per kilogram.
The operator said that in this operating period, if the Stabilization Fund is not spent, the price of gasoline and oil could increase by 283-1,051 VND per liter or kilogram depending on the type.
Therefore, to limit price increases and support production and business, the management agency decided to continue to maintain the same deduction level and adjust the expenditure level of the Price Stabilization Fund to maintain the same retail price of RON 95, slightly increase the price of E5 RON 92 gasoline and oil products.
The expenditure level of the Stabilization Fund for E5 RON 92 is 900 VND per liter, down 61 VND compared to the management period on July 13. The expenditure level for RON 95 is down 47 VND, down to 479 VND per liter.
For oil products, the Stabilization Fund expenditure level in this period increased by 12-154 VND per liter and kilogram. Madut oil alone stopped using the fund.
