Gasoline price today June 12 remains the same, oil price increases

Gasoline prices remain unchanged, while oil (except fuel oil) has increased by 50-80 VND per liter, from 3:00 p.m. today.

According to the adjustment of the joint ministries, gasoline prices remained unchanged compared to June 2, while oil prices increased slightly by 50-80 VND per liter, except for fuel oil, which decreased by 170 VND per kilogram.

Gasoline and oil prices change as follows:

Item	New price	Change
Gasoline RON 95-III	22,010	0
E5 RON 92 gasoline	20,870	0
Diesel	18,020	80
Kerosene	17,820	50
Fuel oil	14,710	-170

Unit: VND/liter or kg (depending on type)

In today's period, the operator continues not to use the Price Stabilization Fund for gasoline and oil. The amount set aside for the Price Stabilization Fund for gasoline and oil products decreased by 70-120 VND per liter, depending on the type.

For example, the deduction level for the Price Stabilization Fund for E5 RON92 gasoline decreased to 228 VND per liter (down 72 VND compared to the adjustment period on June 2). The deduction level for RON95 gasoline decreased from 300 VND to 180 VND per liter. The deduction level for oil products decreased by 100 VND compared to 11 days ago, to 200 VND per liter, kg.

According to the management agency, the average price of finished petroleum products between the two management periods in early June increased by 0.53-1.3%. Of which, each barrel of RON92 gasoline (used to blend E5 RON92 gasoline) increased by nearly 0.47 USD, to 87.9 USD per barrel.

Each barrel of RON95 increased by 0.7 USD, or 0.76% compared to the previous period, at 93.13 USD per barrel. The price of fuel oil alone decreased by 2.3 USD per ton, to 424.78 USD per ton.

Mr. Minh

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