Gasoline and oil prices increased from 3 p.m. today, after adjustments by the Ministry of Industry and Trade and the Ministry of Finance.
The price of RON 95-III gasoline (the popular type on the market) increased by VND380, to VND21,000 per liter. E5 RON 92 increased by VND410, to VND20,240.
Similarly, oil products increased by 330-480 VND per liter. Compared to 7 days ago, diesel increased by 480 VND to 18,730 VND. Kerosene increased by 400 VND, mazut at 15,900 VND per kg.
Gasoline and oil prices change as follows:
Item | New price | Change |
Gasoline RON 95-III | 21,000 | + 380 |
E5 RON 92 gasoline | 20,240 | + 410 |
Diesel | 18,730 | + 480 |
Kerosene | 18,960 | + 400 |
Fuel oil | 15,900 | + 330 |
Unit: VND/liter or kg, depending on type
Since the beginning of the year, gasoline prices have increased 25 times and decreased 25 times. Oil prices have increased 22 times and decreased 28 times. The joint ministries have not yet allocated or established a gasoline price stabilization fund, similar to previous management periods. By the end of the second quarter, this fund had more than 6,000 billion VND, a decrease of about 600 billion compared to the end of 2023, according to the Ministry of Finance.
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