Gasoline and oil prices "reversed" to increase by 184 - 429 VND/liter

After a sharp reduction in retail prices last week, this afternoon (July 10), the prices of 4/5 popular gasoline and oil products on the market increased from 184 - 429 VND/liter.

4/5 gasoline and oil products have their prices adjusted up from the afternoon of July 10. Photo: Thanh Tu

According to information from the Ministry of Industry and Trade - Ministry of Finance, the world oil and gas market during the period from July 3 to 9 was affected by factors such as: Escalating tensions in the Red Sea region; information about the new US import tax policy; increased US crude oil inventories... The above factors caused the world oil and gas prices in recent days to fluctuate up and down depending on each item.

In response to the developments in world gasoline and oil prices, fluctuations in the VND/USD exchange rate, fluctuations in some factors constituting the base price 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 and oil products on the market are as follows: E5RON92 gasoline is not higher than VND 19,659/liter (up VND 214/liter), lower than RON95-III gasoline by VND 431/liter; RON95-III gasoline is not higher than VND 20,090/liter (up VND 184/liter).

Diesel 0.05S is not higher than 18,837 VND/liter (up 429 VND/liter); kerosene is not higher than 18,371 VND/liter (up 239 VND/liter) and mazut 180CST 3.5S is not higher than 15,563 VND/kg (down 244 VND/kg).

Source: https://hanoimoi.vn/gia-xang-dau-quay-dau-tang-184-429-dong-lit-708670.html