Each liter of gasoline decreased by more than 800 VND

According to the Ministry of Industry and Trade - Finance, with this adjustment,E5 RON 92 gasoline pricedown to 26,470 VND, RON 95 gasoline is 27,310 VND. This is the third consecutive price reduction since the end of March until now.

Prices of petroleum products also decreased, such as diesel oil decreased by 700 VND per liter, down to 24,380 VND. Kerosene decreased by 740 VND, down to 23,030 VND per liter. Only mazut oil remained the same price.

This time, the management agency continued to stop disbursing the Price Stabilization Fund, except for mazut oil, which was 481 VND per kg. At the same time, the deduction level for the Price Stabilization Fund for gasoline increased compared to previous periods. Specifically, the deduction level for the Price Stabilization Fund is 550 VND per liter of E5 RON 92 gasoline (0 VND in the previous period); RON 95 gasoline is 650 VND. The deduction level for kerosene is 350 VND per liter (down 150 VND compared to the previous period), diesel is 500 VND. This period, the Price Stabilization Fund for kerosene and mazut oil is continued to be not withdrawn.

This term of operation, byPrice Stabilization FundThe world oil market is negative while there are still many potential risks in the world oil market. The Ministry of Industry and Trade and the Ministry of Finance flexibly adjust the Fund's tools to ensure that domestic oil prices decrease according to world price trends and have room for management in the coming time.

Madut oil is an input product used for a number of industries, transportation... world prices have increased but authorities have decided to use the Petroleum Price Stabilization Fund to stabilize the retail price of this product.

This is the second period of time that the price of this item has been subject to a 50% environmental tax reduction according to the Resolution of the National Assembly Standing Committee. The tax reduction will be applied from April 1 to the end of this year.