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petrol price stabilization fund
Updated news related to the gasoline price stabilization fund
Minister of Finance Ho Duc Phoc: The petrol price stabilization fund has the task of 'reducing shock' when prices fluctuate.
Emphasizing that the petroleum price stabilization fund has the task of "reducing shock" when prices fluctuate, and is a tool for state agencies, the Minister of Finance said that if this fund is removed, the price impact tool will be less, and the State's guidance will be reduced.
Current events
The Government has agreed to propose not to abandon the Petroleum Price Stabilization Fund for the time being.
(Baonghean.vn) - Up to now, there have been many different opinions about the Petroleum Price Stabilization Fund; however, based on careful assessment, it can be seen that the price movements of this commodity have been complicated and difficult to predict, so the Price Stabilization Fund is still necessary.
Domestic gasoline prices will continue to decrease
World oil prices have been on a downward trend in recent days, so it is likely that domestic oil prices will also be adjusted downwards in the September 12 adjustment period.
Flexible use of the Petroleum Price Stabilization Fund to limit price increases
People's Committees of provinces and centrally run cities shall proactively inspect price formation factors according to the provisions of the Law on Prices and according to their authority when goods have unusual fluctuations.
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.
Gasoline prices decrease from the afternoon of January 15
Each liter of E5 RON 92 gasoline decreased by 36 VND, RON 95 decreased by 77 VND from 3:30 p.m. today (January 15).
Gasoline prices continue to increase sharply by more than 1,000 VND/liter
During the gasoline price adjustment session this afternoon, April 17, the Ministry of Industry and Trade - Ministry of Finance decided to adjust the prices of all gasoline products with the highest increase of more than 1,200 VND/liter.
No increase in petrol prices before the Lunar New Year
January 31, 2019 15:08
Operators increase the discharge level of the Price Stabilization Fund for gasoline and oil products to keep domestic retail prices stable before the Lunar New Year holiday.
Keep gasoline and diesel prices down 213 VND per liter
July 23, 2018 15:34
According to the joint decision of the Ministry of Industry and Trade - Ministry of Finance, from 3:00 p.m. today, the retail price of gasoline will remain unchanged while the price of 0.05S diesel will decrease by 213 VND/liter to 17,242 VND/liter. Kerosene will decrease by 69 VND, to no higher than 16,174 VND/liter.
From 3:00 p.m. on April 7, E5 RON 92 gasoline increased by 592 VND, to 18,932 VND/liter.
April 7, 2018 15:14
According to the decision of the Ministry of Industry and Trade - Ministry of Finance, from 3:00 p.m. today, the retail price of E5 RON92 gasoline increased by 592 VND/liter, to 18,932 VND/liter. The prices of diesel and kerosene also increased by 638 VND and 521 VND/liter.
For the first time in 2018, gasoline prices fell
February 21, 2018 16:12
Prices of gasoline, diesel and mazut have all decreased - this is the first time gasoline prices have decreased since the beginning of 2018.
Gasoline and oil prices remain unchanged before Tet
February 3, 2018 16:05
The Ministry of Industry and Trade and the Ministry of Finance have announced information on the management of gasoline and oil prices since 3:00 p.m. on February 3, 2018. Accordingly, all gasoline and oil products will have their prices stabilized.
Gasoline prices increased again, free Ron 95 up to nearly 21,000 VND/liter
January 19, 2018 15:56
The Ministry of Industry and Trade and the Ministry of Finance have just announced the adjustment of gasoline prices starting from 3:00 p.m. this afternoon (January 19). The price of E5 RON 92 gasoline increased by 429 VND/liter, to a maximum of 18,672 VND/liter.
Gasoline prices fall after five consecutive increases
October 5, 2017 17:14
The Ministry of Industry and Trade and the Ministry of Finance have just decided to reduce gasoline prices.
Gasoline prices under pressure to increase tomorrow
June 4, 2017 21:38
If the Price Stabilization Fund is not used, domestic gasoline prices may increase by 100-300 VND per liter in tomorrow's adjustment period.
Gasoline price increased by 670 VND/liter
March 21, 2016 17:11
From 4:30 p.m. this afternoon (March 21), the retail price of A92 gasoline increased by 670 VND per liter, to 14,422 VND per liter; E5 gasoline increased...
Petroleum businesses earn thousands of billions in profits thanks to tax differences?
March 14, 2016 06:56
While most imported gasoline only pays 5-10% import tax and oil only 0-5%, the tax rate to calculate the selling price...
Ministry of Finance: The petroleum price stabilization fund still has a surplus of more than 2,800 billion VND
May 12, 2015 21:53
With the total expenditure of the petrol price stabilization fund in the first 3 months of the year being over 3,303 billion VND, the fund balance as of March 31 was still over 2,843 billion VND.
Negative balance of petrol price stabilization fund at 6 enterprises
April 9, 2014 19:32
Currently, the Petroleum Price Stabilization Fund has about 842,016 billion VND. According to the Ministry of Finance, the balance of the Price Stabilization Fund (BOG) is estimated at...
The petrol price stabilization fund has nearly 170 billion VND left.
January 9, 2014 19:05
There are many petroleum companies with positive fund balances, but there are also many companies with negative balances.
Ministry of Finance publicizes the Petroleum Price Stabilization Fund
July 9, 2013 15:47
On July 9, the Ministry of Finance officially announced the use of the petroleum price stabilization fund and the situation of allocation and management...
Public disclosure of the Petroleum Price Stabilization Fund every quarter
May 5, 2013 14:55
Deputy Prime Minister Vu Van Ninh
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