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Gasoline prices down, oil prices up

On the afternoon of May 22, the Ministry of Industry and Trade and the Ministry of Finance announced the adjustment of retail gasoline prices. Accordingly, from 3:00 p.m. on the same day, gasoline prices decreased slightly while the prices of all oil products increased simultaneously.

Báo Tiền GiangBáo Tiền Giang22/05/2025

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Adjusting gasoline prices. Illustrative photo

Specifically, the price of E5RON92 gasoline decreased by 58 VND, to 19,122 VND/liter; RON95-III gasoline decreased by 62 VND, to 19,532 VND/liter.

In the opposite direction, the price of diesel 0.05S increased by 177 VND, to 17,405 VND/liter; kerosene increased by 88 VND, to 17,314 VND/liter; mazut 180CST increased by 352 VND, to 16,512 VND/kg.

During this management period, the Ministry of Industry and Trade - Ministry of Finance continued not to set aside or spend the Petroleum Price Stabilization Fund.

Domestic price movements were adjusted according to world market trends from May 15 to 21. Of which, the average price of RON92 gasoline used to blend E5RON92 gasoline decreased slightly by 0.36%; RON95 gasoline decreased by 0.35%. In contrast, kerosene prices increased by 0.68%, diesel increased by 1.31%, and fuel oil increased by 2.93%.

The new retail prices will be applied from 3 p.m. on May 22 and will be effective until the next adjustment period. The Ministry of Industry and Trade said it will continue to coordinate to inspect and monitor the market and strictly handle acts of speculation and hoarding if they occur.

According to sggp.org.vn

Source: https://baoapbac.vn/kinh-te/202505/gia-xang-giam-gia-dau-tang-1043240/


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