Sunday,  Jul 22, 2018,05:48 (GMT+7) 0 0
Gasoline price remains unchanged
The Saigon Times Daily
Wednesday,  Dec 6, 2017,23:50 (GMT+7)

Gasoline price remains unchanged

The Saigon Times Daily

HCMC – Retail prices of RON 92 gasoline and E5 bio-fuel are kept unchanged while diesel oil marks up VND150 per liter, according to a joint statement released on December 5 by the Ministries of Industry-Trade and Finance.

The respective retail prices of RON 92 gasoline and E5 bio-fuel are not higher than VND18,580 (US$0.81) and VND18,243 (US$0.80) per liter, Dan Tri news website reports.

Diesel oil and kerosene are respectively sold at no higher than VND15,169 (US$0.66) and VND13,617 (US$0.59) per liter while heavy fuel oil is priced at less than VND12,382 per kilo.

Fuel wholesalers have been given the green light to adjust their prices in line with Government Decree 83/2014/ND-CP, and Joint Circular 39/2014/TTLT-BCT-BTC and Joint Circular 90/2016/TTLT-BTC-BCT of the Ministries of Industry-Trade and Finance since Tuesday.

The average prices of finished oil products worldwide in the 15-day period prior to yesterday were US$73.2 per barrel of RON 92 gasoline, US$74.2 per barrel of diesel oil, and US$74.6 per barrel of kerosene.

Pure ethanol included to calculate the base price of the bio-fuel E5 is priced at VND14,208 (US$0.62) per liter, which excludes valued-added taxes in line with the Finance Ministry’s Official Letter 1389/BTC-QLG on fuel trade management.

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