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Tuesday, June 25, 2024

Local fuel prices edge up

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HCMC – Domestic fuel retail prices of E5 RON92 bio-fuel, diesel oil, kerosene and heavy fuel oil were revised up by VND150-VND280 per liter or kilogram today, July 28, while the RON95 gasoline price was kept unchanged at VND14,973 per liter, according to an announcement jointly released by the ministries of Finance and Industry-Trade.

The ceiling price of E5 RON92 gasoline is now VND14,409 per liter, up VND150 per liter, the local media reported.

Diesel oil and kerosene sell for some VND12,390 and VND10,270 per liter, respectively. The price of heavy fuel oil is not higher than VND11,183 per kilogram, up VND280 per kilogram.

The ministries told fuel traders to continue extracting VND100 for each liter of bio-fuel E5 RON92 sold to replenish the national fuel price stabilization fund. The extraction levels for each liter or kilogram of RON95 gasoline, diesel oil, kerosene and heavy fuel oil sold are VND200, VND500, VND300 and VND300, respectively.

Besides this, fuel traders were allowed to tap the stabilization fund at VND900 for each liter of E5 bio-fuel sold, at VND479 for each liter of RON95 petrol sold and at VND100 for each liter or kilogram of kerosene or heavy fuel oil sold.

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