Information on gasoline price management on April 17, 2025

The average price of finished petroleum products in the world between the price adjustment period of April 10, 2025 and the adjustment period of April 17, 2025 is: 72.216 USD/barrel of RON92 gasoline used to blend E5RON92 gasoline (down 1.968 USD/barrel, equivalent to a decrease of 2.65%); 73.670 USD/barrel of RON95 gasoline (down 1.664 USD/barrel, equivalent to a decrease of 2.21%); 78.618 USD/barrel of kerosene (down 1.102 USD/barrel, equivalent to a decrease of 1.38%); 78.520 USD/barrel of 0.05S diesel oil (down 0.964 USD/barrel, equivalent to a decrease of 1.21%); 422,548 USD/ton of 180CST 3.5S fuel oil (up 3,020 USD/ton, equivalent to an increase of 0.72%).

Fluctuations in prices of petroleum products on the world market

10/4/2025 - 16/4/2025

(Details in the table of statistics on world petroleum product prices between two management periods)

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.

1. Petroleum Price Stabilization Fund

Do not set aside or use the Petroleum Price Stabilization Fund for E5RON92 gasoline, RON95 gasoline, diesel oil, kerosene, and fuel oil.

2. Gasoline price

After making provisions and spending the Petroleum Price Stabilization Fund for petroleum products as stated in Section 1 above, the selling prices of popular petroleum products on the market are as follows:

- E5RON92 gasoline: no higher than VND 18,498/liter (down VND 384/liter compared to current base price), lower than RON95-III gasoline by VND 358/liter;

- RON95-III gasoline: no higher than VND 18,856/liter (down VND 351/liter compared to current base price);

- Diesel oil 0.05S: not higher than 17,037 VND/liter (down 206 VND/liter compared to current base price);

- Kerosene: not higher than VND 17,184/liter (down VND 229/liter compared to current base price);

- 180CST 3.5S fuel oil: no higher than VND 15,960/kg (increase of VND 58/kg compared to current base price).

Fluctuations in domestic gasoline prices in 2025 (December 26, 2024 to April 17, 2025)

- Provision and use of the Petroleum Price Stabilization Fund for petroleum products in Section 1 above: Applicable from 3:00 p.m. on April 17, 2025.

- Adjusting the selling price of petroleum products: To be determined by the petroleum wholesaler and petroleum distributor, but no later than 3:00 p.m. on April 17, 2025 for discounted products, and no earlier than 3:00 p.m. on April 17, 2025 for increased products.

- From 3:00 p.m. on April 17, 2025, the time when the Ministry of Industry and Trade announces the base price of the period announced in this Official Dispatch until before the date the Ministry of Industry and Trade announces the base price of the next period, the adjustment of the selling price of petroleum products shall be decided by the main petroleum traders and petroleum distributors in accordance with the provisions of Decree No. 80/2023/ND-CP dated November 17, 2023, Decree No. 95/2021/ND-CP dated November 1, 2021, Decree No. 83/2014/ND-CP dated September 3, 2014, Circular No. 17/2021/TT-BCT dated November 15, 2021, Circular No. 104/2021/TT-BTC dated November 18, 2021. 2021 of the Ministry of Finance guiding the method of determining the constituent elements in the basic price formula of gasoline and oil, Circular No. 103/2021/TT-BTC dated November 18, 2021 of the Ministry of Finance guiding the method of setting up, spending, using and managing the Petroleum Price Stabilization Fund.

The Ministry of Industry and Trade will coordinate with relevant agencies to inspect and supervise the implementation of the responsibility of ensuring the supply of gasoline to the market by gasoline traders and will strictly handle violations (if any).

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Source: https://moit.gov.vn/tin-tuc/thi-truong-trong-nuoc/thong-tin-dieu-hanh-gia-xang-dau-ngay-17-4-2025.html