Gasoline and oil prices tomorrow, December 26, may increase sharply
Each liter of gasoline and oil in the year-end adjustment period is likely to increase by 400-500 VND compared to current prices if the price stabilization fund is not used.
Tomorrow (December 26) is the last petrol price adjustment period of the year. The Ministry of Industry and Trade has not yet updated the price data of finished products in the Singapore market, although this is often the reference for the Ministry of Industry and Trade - Ministry of Finance to decide the price for the domestic market.
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However, the leader of a leading businessgasolinein Ho Chi Minh City affirmed that fuel prices will continue to increase for three consecutive periods. "If the price stabilization fund is not used, RON 95 gasoline will increase by 500 VND per liter, E5 RON 92 will increase by 400 VND. Diesel oil could increase by more than 400 VND per liter," he said.
He commented that in the past 15 days, world prices have tended to increase thanks to the resonance of many factors such as vaccine effectiveness making the fuel market prospect brighter, the plan to cut production is still open and consumption demand in the winter increases sharply.
E5 RON 92 gasoline:
In the previous adjustment period,Ministry of Industry and Trade - FinanceThe price of each liter of E5 RON 92 gasoline was raised by 635 VND and that of RON 95 by 656 VND, respectively, to a maximum of 15,129 VND and 16,007 VND. Diesel was 11,892 VND per liter, an increase of 458 VND. Kerosene was 10,777 VND per liter, an increase of 639 VND. Madut was a maximum of 11,942 VND per kilogram, an increase of 200 VND.
Information from the Ministry of Industry and Trade said that the economic recovery trend in major countries and the widespread vaccination in many places have greatly affected world and domestic gasoline prices during the management period.
The Joint Ministry continues to use the price stabilization fund at a high level, 200-1,000 VND per liter (or kg) for each petroleum product. If not used, the price will increase by 400-1,635 VND per liter (or kg) compared to the current level.