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Tuesday, June 25, 2024

Gasoline prices move sideways, oil prices inch down

The Saigon Times

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HCMC – Domestic retail prices of gasoline saw little change versus March 21, while the prices of oil products, except for diesel oil, fell slightly starting at 3 p.m. today, according to an announcement jointly issued by the ministries of Industry-Trade and Finance.

The current price of RON95-III gasoline is VND23,125 per liter, increasing by VND87. E5 RON92 bio-gasoline now sells for VND22,082 per liter, up by VND60.

The diesel oil price is adjusted up by VND128 to VND19,430 per liter, while kerosene is priced at VND19,037, down by VND425.

Meanwhile, heavy fuel oil inched down by VND50 to VND14,429 per kilogram.

During this fuel price adjustment, the ministries imposed surcharges on all types of gasoline and oil products at VND300 per liter to replenish the national fuel price stabilization fund.

Local fuel traders are not allowed to tap the fund.

Since early 2023, domestic gasoline prices have been adjusted up six times and down three times.

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