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Gasoline price increased by nearly 900 VND to nearly 26,000 VND per liter

Việt NamViệt Nam21/09/2023

From 4:00 p.m. on September 21, the price of E5 RON92 gasoline increased by 726 VND, to 24,197 VND/liter and the price of RON95 gasoline increased by 877 VND, to 25,748 VND/liter.

Meanwhile, diesel price increased by 539 VND, to 23,594 VND/liter; kerosene increased by 628 VND, to 23,816 VND/liter and mazut price increased by 143 VND/kg, to 17,847 VND/kg.

In this management period, the Ministry of Finance - Industry and Trade did not set up a price stabilization fund for all petroleum products.

At the same time, the price stabilization fund will not be used for fuel oil (previous period, it was 27 VND/kg); the fund will be used for two products: gasoline, diesel and kerosene at 300 VND/liter (previous period, E5 RON92 gasoline was 22 VND/liter, RON95 gasoline was 14 VND/liter, diesel and kerosene were not used).

The joint ministries said that the world oil market in this adjustment period (from September 11, 2023 to September 20, 2023) is affected by factors such as: high demand while OPEC+ restrains supply, tightening the market, economic prospects in the US and China are more positive while inventories decrease, the Fed decided to keep the basic interest rate unchanged but signaled that there may be another increase later this year... The above factors caused oil prices from September 11 to September 20 to fluctuate up and down, but the general trend is up.

The average price of finished petroleum products in the world between the price adjustment period on September 11, 2023 and the adjustment period on September 21, 2023 is: 107.950 USD/barrel of RON92 gasoline used to blend E5 RON92 gasoline (an increase of 4.802 USD/barrel compared to the previous period); 114.028 USD/barrel of RON95 gasoline (an increase of 5.080 USD/barrel); 124.570 USD/barrel of kerosene (an increase of 3.717 USD/barrel); 124.059 USD/barrel of diesel oil (an increase of 4.109 USD/barrel); 539.814 USD/ton of fuel oil (an increase of 9.391 USD/ton).

Since the beginning of the year, gasoline prices have undergone 27 adjustments, including 16 increases, 7 decreases, and 4 unchanged.

PHAM DUY (According to vtc.vn)


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