DNO - On the afternoon of May 16, the Ministry of Finance and the Ministry of Industry and Trade adjusted the retail prices of petroleum products. In particular, gasoline prices decreased by 409-508 VND/liter.
Specifically, the price of RON92 gasoline decreased by VND508/liter, down to VND22,115/liter; RON95 gasoline decreased by VND409/liter, down to VND23,135/liter.
On the other hand, oil prices were the opposite when diesel increased by 26 VND/liter, to 19,873 VND/liter; kerosene increased by 207 VND/liter, to 19,908 VND/liter. Fuel oil alone decreased by 85 VND/kg, to 17,418 VND/kg.
Thus, since the beginning of the year, gasoline and oil prices have been adjusted up 12 times and down 10 times.
In this management period, the Joint Ministry continues not to set aside or use the Petroleum Price Stabilization Fund for RON92 gasoline, RON95 gasoline, diesel oil, kerosene, and fuel oil.
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