The Ministry of Industry and Trade and the Ministry of Finance will adjust gasoline prices from 3:00 p.m. today, June 12.
Accordingly, the price of E5 RON92 gasoline remains the same as the current retail price, not higher than VND20,878/liter. RON95 gasoline also remains the same, the selling price is not higher than VND22,015/liter.
Meanwhile, the prices of various types of oil were adjusted up and down. Specifically, diesel increased by 85 VND/liter, not higher than 18,028 VND/liter. Kerosene increased by 52 VND/liter, not higher than 17,823 VND/liter.
On the contrary, the price of fuel oil was adjusted down by 164 VND/kg compared to the current retail price, not higher than 14,719 VND/kg.
Gasoline prices will be adjusted from 3pm today, June 12. (Illustration: Cong Hieu).
In this period, the joint ministries set aside a price stabilization fund for E5 RON92 gasoline at VND228/liter (previous period VND300/liter), RON95 gasoline at VND180/liter (previous period VND300/liter); diesel at VND200/liter (previous period VND300/liter); kerosene at VND200/liter (previous period VND300/liter); and fuel oil at VND100/kg (previous period VND300/kg).
At the same time, the management agency does not spend the price stabilization fund on all gasoline and oil products.
In the previous adjustment period (June 1), the Ministry of Finance - Industry and Trade adjusted gasoline prices as follows: E5 RON92 gasoline price increased by 390 VND/liter, the new price is 20,878 VND/liter; RON95 gasoline increased by 516 VND/liter, to 22,015 VND/liter.
Meanwhile, oil products were all adjusted down. Specifically, diesel oil decreased by 11 VND/liter, down to 17,943 VND/liter; kerosene decreased by 198 VND/liter, down to 17,771 VND/liter and fuel oil decreased by 275 VND/kg compared to the current retail price, not higher than 14,883 VND/kg.
Since the beginning of the year, gasoline prices have undergone 17 price adjustments, including 9 increases, 6 decreases, and 2 unchanged.
Pham Duy
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