Gasoline prices reduced from 3pm this afternoon

From 3:00 p.m. this afternoon, November 18, gasoline prices continue to decrease but with a slight decrease of only a maximum of 180 VND/liter.

According to the announcement of the Ministry of Industry and Trade - Ministry of Finance, the price of A92 gasoline will be at the ceiling price of 17,054 VND/liter, a minimum decrease of 178 VND/liter.

Madut oil also decreased by 83 VND/liter with the highest retail price being 9,488 VND/kg.

On the contrary, kerosene will have to increase by 124 VND/liter, pushing the retail price to a maximum of 12,647 VND/liter.

Regarding diesel oil, the Joint Ministry requested to reduce the price stabilization fund from the current 300 VND/liter to 208 VND/liter. At the same time, the price of this product will remain the same with the ceiling price not higher than 13,513 VND/liter.

Previously, gasoline prices had a deeper adjustment down to nearly 800 VND/liter.

The Joint Ministry also said that over the past 15 days, gasoline prices in the Singapore market have tended to decrease slightly for gasoline and increase slightly for kerosene.

Specifically, the average price of A92 gasoline in the Singapore market from November 3 to November 17 was only 57.049 USD/barrel. Diesel oil had an average price of 58.405 USD/barrel, a slight increase compared to the previous period's figure of 58.01 USD/barrel.

The average kerosene price was at 58.52 USD/barrel and the average mazut price was over 235.06 USD/ton.

Up to now, gasoline prices have been reduced 10 times and increased 6 times. Diesel prices have been reduced 9 times and increased 4 times. Kerosene has been reduced 13 times and increased 4 times and mazut has been reduced 11 times and increased 4 times.

According to Vietnamnet