5 petrol and oil products have all decreased in price

Retail prices of gasoline and oil products have decreased simultaneously since the afternoon of May 5. Photo: DH

According to the Ministry of Industry and Trade - Ministry of Finance, the world oil and gasoline market from April 24 to May 4 was affected by major factors such as: OPEC+ increased oil production in June; US tax policy on goods of trading partners leading to concerns about economic recession; military conflict between Russia and Ukraine continues... The above factors caused world oil and gasoline prices in recent days to fluctuate up and down depending on the product, but the general trend is downward.

In response to the developments in world gasoline and oil prices, fluctuations in the VND/USD exchange rate and current regulations, the Ministry of Industry and Trade - Ministry of Finance decided not to set aside or use the Gasoline and Oil Price Stabilization Fund for E5RON92 gasoline, RON95 gasoline, diesel oil, kerosene, and fuel oil.

The selling prices of popular gasoline products on the market are as follows: E5RON9 gasoline is not higher than VND 19,154/liter (down VND 84/liter), lower than RON95-III gasoline by VND 432/liter; RON95-III gasoline is not higher than VND 19,586/liter (down VND 52/liter).

Diesel 0.05S is not higher than 17,359 VND/liter (down 165 VND/liter); kerosene is not higher than 17,564 VND/liter (down 151 VND/liter) and fuel oil 180CST 3.5S is not higher than 16,198 VND/kg (down 326 VND/kg).

Source: https://hanoimoi.vn/5-mat-hang-xang-dau-dong-loat-giam-gia-701253.html