Gasoline prices down

(Chinhphu.vn) - On the afternoon of July 17, the Ministry of Industry and Trade - Ministry of Finance announced the adjustment of retail prices of gasoline and oil products, effective from 3:00 p.m. the same day.

The price of E5RON92 gasoline is not higher than 19,481 VND/liter, a decrease of 178 VND/liter compared to the current base price), lower than RON95-III gasoline by 444 VND/liter - Illustrative photo

Accordingly, in the adjustment period on July 17, the Ministry of Industry and Trade - Ministry of Finance did not make any provision or disbursement from the Petroleum Price Stabilization Fund for all products. The maximum retail price for petroleum products is applied as follows:

The price of E5RON92 gasoline is not higher than VND 19,481/liter, a decrease of VND 178/liter compared to the current base price), lower than RON95-III gasoline by VND 444/liter.

The price of RON95-III gasoline is no higher than VND19,925/liter, a decrease of VND165/liter compared to the current base price.

The price of 0.05S diesel is not higher than VND 18,799/liter, a decrease of VND 38/liter compared to the current base price.

Kerosene price is not higher than 18,429 VND/liter, an increase of 58 VND/liter compared to the current base price.

The price of 180CST 3.5S fuel oil is not higher than VND 15,478/kg, a decrease of VND 85/kg compared to the current base price.

In this management period, in light of the above-mentioned developments in world oil prices, fluctuations in the VND/USD exchange rate and current regulations, the Ministry of Industry and Trade - Ministry of Finance jointly decided on a plan to manage oil prices to ensure that domestic oil price fluctuations are consistent with world oil price fluctuations; continue to maintain the price difference between E5RON92 biofuel and RON95 mineral gasoline at a reasonable level to encourage the use of biofuels according to the Government's policy; ensure the harmony of interests among market participants.

Anh Tho

Source: https://baochinhphu.vn/gia-xang-giam-102250717144535817.htm