Gasoline prices today, from 3:00 p.m. on October 24. Accordingly, each liter of E5 RON 92 gasoline decreased by 38 VND/liter, RON 95 gasoline decreased by 68 VND/liter; oil prices increased and decreased in opposite directions.
The Ministry of Industry and Trade - Ministry of Finance has just adjusted the retail price of gasoline and oil in the adjustment period today (October 24). The application time is from 3:00 p.m. on October 24, 2024.
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| Gasoline prices today, from 3:00 p.m. on October 24. Accordingly, each liter of E5 RON 92 gasoline decreased by 38 VND/liter, RON 95 gasoline decreased by 68 VND/liter; oil prices increased and decreased in opposite directions. Photo: VNA |
Specifically, the price of E5 RON 92 gasoline decreased by 38 VND/liter, down to 19,692 VND/liter; RON 95 gasoline decreased by 68 VND/liter, down to 20,894 VND/liter.
Diesel 0.05S price: Decreased by 264 VND/liter, down to 18,057 VND/liter; Kerosene decreased by 57 VND/liter, down to 18,570 VND/liter; Mazut 180CST 3.5S increased by 139 VND/kg, at 16,229 VND/kg.
In this management period, the Ministry of Industry and Trade - Ministry of Finance did not set aside or use the Petroleum Price Stabilization Fund for E5RON92 gasoline, RON95 gasoline, diesel oil, kerosene, and fuel oil.
According to the Ministry of Industry and Trade, the average price of finished petroleum products in the world between the price adjustment period on October 17, 2024 and the adjustment period on October 24, 2024 is: 79.718 USD/barrel of RON92 gasoline used to blend E5RON92 gasoline (down 1.284 USD/barrel, equivalent to a decrease of 1.59%); 85.946 USD/barrel of RON95 gasoline (down 1.504 USD/barrel, equivalent to a decrease of 1.72%); 86.918 USD/barrel of kerosene (down 1.520 USD/barrel, equivalent to a decrease of 1.72%); 85.934 USD/barrel of 0.05S diesel (down 2.706 USD/barrel, equivalent to a decrease of 3.05%); 459,390 USD/ton of 180CST 3.5S fuel oil (down 1,222 USD/ton, equivalent to a decrease of 0.27%).
World oil prices increased sharply in the trading session on October 24 (Vietnam time). At 11:27 am, WTI crude oil was at 71.69 USD/barrel, up 0.92 USD/barrel, equivalent to an increase of 1.30%. WTI crude oil closed the previous trading session at 70.77 USD/barrel, opening today's session at 71.01 USD/barrel.
Brent crude oil was at $75.83 a barrel, up $0.87 a barrel, or 1.16 percent. Brent crude oil closed the previous session at $76.96 a barrel and opened today at $75.23 a barrel.
Thus, world oil prices have been fluctuating strongly. In the first two trading sessions of the week, both WTI and Brent crude oil increased sharply. However, in the session of October 23, oil prices simultaneously fell sharply and then increased in the morning session today (October 24).
In the most recent adjustment period (October 17), the prices of all types of gasoline and oil were adjusted downward by the Ministry of Industry and Trade and the Ministry of Finance.
Specifically, the price of E5 gasoline was adjusted down by 110 VND/liter, selling price is 19,730 VND/liter. The price of RON 95 gasoline decreased by 110 VND/liter, selling price is 20,960 VND/liter.
Similarly, the price of diesel oil was adjusted down by 180 VND/liter, the selling price down to 18,320 VND/liter. The price of kerosene oil decreased by 170 VND/liter, the price is 18,620 VND/liter.
In this management period, the Ministry of Industry and Trade - Ministry of Finance did not set aside or use the Petroleum Price Stabilization Fund for E5RON92 gasoline, RON95 gasoline, diesel oil, kerosene, and fuel oil.
At this point, the room for the petroleum price stabilization fund of some key enterprises is still recording a large positive level because many recent management periods have not used the fund. The fund balance as of the end of the second quarter was VND 6,061 billion, down VND 18 billion compared to the previous quarter and the fifth consecutive quarter of decline. Compared to the end of 2023, the fund balance decreased by nearly VND 600 billion.
Of which, the fund balance at the Vietnam National Petroleum Group (Petrolimex) - the enterprise holding half of the domestic petroleum retail market share - accounts for more than half, at nearly VND3,079 billion.
Source: https://congthuong.vn/gia-xang-dau-hom-nay-ngay-24102024-gia-xang-dau-cung-giam-lan-thu-hai-lien-tiep-354443.html
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