Petroleum business (Illustration photo)
On the afternoon of July 17, the Department of Domestic Market Management and Development ( Ministry of Industry and Trade ) said that the Ministry of Industry and Trade - Finance has issued an urgent document to key traders and distributors of gasoline and oil regarding the periodic management of domestic retail prices.
Accordingly, from 3:00 p.m. on July 17, the maximum retail price of E5RON92 gasoline is VND19,481/liter (down VND178), RON95-III gasoline is VND19,925/liter (down VND165), 0.05S diesel is VND18,799/liter (down VND38), 180CST 3.5S fuel oil is VND15,478/kg (down VND85). Kerosene alone increased slightly by VND58/liter to a maximum of VND18,429/liter.
In this operating period, the Petroleum Price Stabilization Fund will continue to be neither set aside nor spent for all products. The price adjustment will be carried out by key and distribution enterprises. The new price will be effective until the next announcement period.
The Ministry of Industry and Trade continues to coordinate with relevant agencies to monitor implementation, ensure supply, and strictly handle violations, if any.
According to the Ministry of Industry and Trade, during this management period, the world oil market was affected by many factors such as the decrease in crude oil inventories in the US, OPEC+ forecasting increased demand in the third quarter of 2025, along with complicated geopolitical developments in some regions.
These factors cause world petroleum product prices to fluctuate slightly depending on the product.
Specifically, the average price of RON92 gasoline used to blend E5RON92 decreased by 1.15%, RON95 gasoline decreased by 0.96%, diesel decreased by 0.13%, while kerosene increased by 0.49%.
According to PHUC HAU (SGGP)
Source: https://baodongthap.vn/thi-truong/gia-xang-dau-quay-dau-giam-nhe-132938.aspx
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