Gasoline prices increased sharply across the board

Tuesday, April 11, 2023 19:41 (GMT+7)

(CPV) - The Ministry of Finance and the Ministry of Industry and Trade have just adjusted the retail price of gasoline and oil in today's adjustment period (April 11). Accordingly, from 3:00 p.m. on April 11, each liter of gasoline will increase from 1,072 to 1,120 VND/liter, and the price of oil will also increase from 702 to 765 VND/liter depending on the type.

Specifically, E5 RON 92 gasoline increased by VND1,072/liter to VND23,173/liter; RON 95 gasoline increased by VND1,120/liter to VND24,245/liter. Diesel price increased by VND719/liter to VND20,149/liter; kerosene price increased by VND702/liter to VND17,739/liter; mazut price increased by VND765/kg to VND15,194/liter.

In this management period, the joint ministries set aside 150 VND/liter for E5 RON 92 gasoline, 300 VND/liter for RON 95 gasoline, diesel oil and kerosene. The management agency only spent 300 VND/kg from the stabilization fund for fuel oil.

According to updated data from the Ministry of Industry and Trade , as of April 5, the price of finished petroleum products in the Singapore market has tended to increase. Specifically, the price of RON95 gasoline is trading at 104.3 USD/barrel, RON92 gasoline is 101.89 USD/barrel, diesel is 100.75 USD/barrel. This price is higher than the average price of finished petroleum products in the world during the mid-term price adjustment period of March 21 - April 3 (RON92 gasoline is 93.822 USD/barrel, RON95 gasoline is 98.294 USD/barrel and diesel is 96.891 USD/barrel).

Previously, in the operating session on April 3, the Ministry of Industry and Trade - Ministry of Finance increased the price of E5 RON92 gasoline by 60 VND/liter, the selling price was 22,080 VND/liter; RON95 gasoline increased by 87 VND/liter, the selling price was 23,125 VND/liter. Similarly, the price of diesel oil increased by 128 VND/liter, to 19,430 VND/liter.

News and photos: KD

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