Gasoline prices drop from 3pm this afternoon
E5 RON 92 gasoline decreased to 20,682 VND, RON95 to 22,203 VND per liter from 3:00 p.m. this afternoon (October 22).
Information on the management of retail gasoline prices has just been announced by the Ministry of Industry and Trade - Ministry of Finance. Accordingly, gasoline prices have decreased by 144 - 224 VND per liter depending on the type; while oil prices remain the same as the management period 15 days ago.
After adjustment, the maximum price per liter of E5 RON 92 gasoline is 20,682 VND; RON 95 is 22,203 VND. Kerosene remains at 18,610 VND; kerosene is 17,080 VND per liter...
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Along with the price reduction, the operator also spends more money on the Petroleum Price Stabilization Fund. E5 RON92 bio-fuel has the highest fund spending of VND1,213 per liter; RON 95 is VND600; oil products are VND634 - 722 per liter, kg depending on the type.
Also according to the regulatory agency, the average price of finished petroleum products in the world over the past 15 days has slightly decreased, such as RON 92 gasoline (E5 RON 92 base gasoline) is 87.12 USD per barrel; RON 95 is 89.32 USD per barrel; diesel is nearly 96.3 USD per barrel...
Since the beginning of the year, gasoline prices have undergone 20 adjustments, including 6 increases, 2 decreases, and 12 stable changes. In total, gasoline prices have increased by more than VND1,000 per liter compared to the beginning of the year.