Based on the direction of the Ministry of Industry and Trade - Ministry of Finance, petroleum businesses simultaneously adjusted petroleum prices from 3:00 p.m. today.

Compared to the previous operating period, in today's operating period, the price of E5 gasoline was adjusted up by 500 VND/liter, the selling price is 19,840 VND/liter. The price of RON 95 gasoline increased by 330 VND/liter, the selling price is 20,850 VND/liter.

Similarly, diesel price was adjusted up by 270 VND/liter, selling price is 18,770 VND/liter.

Product Price from November 28, 2024 (unit: VND/liter) Compare with previous period
Gasoline RON 95-III 20,850 + 330
E5 RON 92 gasoline 19,840 + 500
Diesel 18,770 + 270

Gasoline price list at the operating period of November 28, 2024

In today's management session, the Ministry of Industry and Trade - Ministry of Finance continued to neither allocate nor spend from the Price Stabilization Fund for petroleum products.

In the management session last week (November 21), the prices of all types of gasoline and oil were adjusted down by the Ministry of Industry and Trade - Ministry of Finance.

gasoline 1 .jpg
Gasoline prices have been adjusted up. Photo: Nguyen Hue

Specifically, the price of E5 gasoline decreased by 110 VND/liter, selling price is 19,340 VND/liter. The price of RON 95 gasoline also decreased by 80 VND/liter, selling price is 20,520 VND/liter.

Meanwhile, diesel price was adjusted down by 70 VND/liter, selling price is 18,500 VND/liter. Kerosene price decreased by 60 VND/liter, price is 18,920 VND/liter.

Regarding petroleum, when amending the decree on petroleum trading, the Ministry of Industry and Trade proposed that the management agency will announce the average world price every 7 days for fuel products and input factors such as foreign exchange rates, special consumption tax, VAT, import tax. Based on this data, the main and distribution enterprises will add business costs and standard profits to calculate the retail price.

But in the latest draft, the Ministry of Industry and Trade said the State only announces world prices, while the input data of RON 95-III gasoline and diesel oil are for businesses to calculate and announce prices.

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