Gasoline price increased to nearly 33,000 VND per liter

Mr. Minh June 21, 2022 16:08

From 3:00 p.m. today, each liter of E5 RON 92 gasoline increased by 190 VND, RON 95-III increased by 500 VND and oil increased by 380-990 VND per liter.

After the adjustment of the Ministry of Industry and Trade - Ministry of Finance,E5 RON 92 gasoline priceFrom 3:00 p.m. on June 21, the price is 31,300 VND per liter (up 190 VND); RON 95-III is 32,870 VND per liter (up 500 VND). RON 95-III is the most popular type, accounting for nearly 70% of market consumption and is jointly regulated by the Ministry of Industry and Trade and the Ministry of Finance.

Prices of petroleum products also increased. Diesel oil increased the most, by 990 VND per liter, to 30,010 VND. Kerosene oil was 28,780 VND per liter, an increase of 950 VND. Fuel oil was 20,730 VND per kilogram, an increase of 380 VND.

Illustration photo.

Thus, this is the 7th price increase since April 21st. In total, each liter of RON 95-III is 5,560 VND more expensive; and E5 RON 92 is also 4,830 VND more expensive.

Currently, the Petroleum Stabilization Fund at most major enterprises is negative. For example, PVOil as of June 13 was negative more than 1,032 billion VND; Petrolimex was negative 49 billion VND...

According to the Ministry of Industry and Trade - Finance,world oil marketThere have been many fluctuations between the last two price management periods. The prices of finished petroleum products (especially diesel and kerosene) have continued to increase due to limited supply due to the EU's embargo on Russian oil, while demand from other countries remains high.

On average, over the past 10 days, kerosene prices increased by nearly 4%, to 169.25 USD per barrel; diesel oil increased by 3.6% compared to June 13, to 172.56 USD per barrel. Meanwhile, prices of finished gasoline products on the world market increased slightly, 0.21-0.95%.

Because the Petroleum Price Stabilization Fund is at a rather low level, in today's operating session, the joint ministries continue not to allocate 300 VND per liter to the Price Stabilization Fund for gasoline, diesel and kerosene. For fuel oil, 300 VND per kg is still allocated to the Price Stabilization Fund. At the same time, the operator continues to use the fund for diesel and kerosene at 400 VND and 300 VND per liter, respectively.

According to vnexpress.net
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Gasoline price increased to nearly 33,000 VND per liter
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