Gasoline prices increase sharply, RON 95 up to 21,061 VND/liter

Gasoline prices increase sharply across the board - Photo: Q. DINH

Accordingly, Gasoline price RON 95 increased by VND1,258/liter, to VND21,061/liter. Similarly, E5 gasoline price increased by VND996/liter, to VND19,846/liter.

Diesel 0.05S has a new price of 18,500 VND/liter, recording an increase of 1,099 VND/liter.

Kerosene is priced at VND18,790/liter, after an increase of VND1,139/liter. Mazut 180CST 3.5S has a new price of VND15,911/kg, an increase of VND908/kg.

Thus, after gasoline prices returned to increase after decreasing in the previous session and continuously increasing in the previous two sessions due to increasing pressure from world prices.

In this operating period, the inter-ministerial committee continues to make no provision or expenditure. stabilization fund gasoline prices with E5 RON 92 gasoline, RON 95 gasoline, diesel, kerosene, and fuel oil. Thus, the price stabilization fund has not been used for many months.

According to the Ministry of Industry and Trade - Ministry of Finance, the world oil market in this adjustment period (from October 3 to 10) is affected by many factors.

Including concerns about widespread conflict in the Middle East, a major hurricane hitting the US causing a spike in fuel demand, and the ongoing military conflict between Russia and Ukraine…

The above factors have caused world oil prices to increase and decrease in recent days depending on the product, but the main trend is upward.

Of which, RON 92 gasoline for blending E5 RON 92 gasoline increased by nearly 7%; RON 95 gasoline increased by more than 7.90%; oil products also increased from 5% to more than 7%.

Thus, since the beginning of the year, gasoline prices have increased 20 times and decreased 19 times. Oil prices have increased 16 times and decreased 22 times.

Source: https://tuoitre.vn/gia-xang-dau-tang-manh-ron95-len-21-061-dong-lit-2024101015070752.htm