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Saturday, November 26, 2022

Fuel prices inch down

The Saigon Times

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HCMC – From 15:00 on October 3, the prices of all fuels have been revised down, with the bio-gasoline E5 RON 92 and the higher-grade RON 95-III dropping by VND1,049 and VND1,141, respectively.

Under the adjustment jointly announced by the Ministries of Finance and Industry-Trade today, October 3, RON 95-III is now sold at VND21,443 per liter and E5 RON 92 at VND20,732.

Diesel oil decreased by VND328 to VND22,208 per liter, while kerosene fell by VND753 to VND21,688 per liter and heavy oil fell by VND562 to VND14,094 per kilogram.

This time, the two ministries also decided to replenish the stabilization fund with a fuel surcharge of VND451, VND600, VND600, VND300 and VND741 per liter and kilogram of bio-fuel E5 RON 92, RON95, diesel oil and kerosene, and heavy oil.

Fuel prices are reviewed three times a month, on the 1st, 11th and 21st of every month, as stipulated in Decree 95/ND-CP.

The adjustment date will be postponed to the next working day or next review period if it coincides with a holiday.

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