A Petrolimex gas station in Hanoi.
Gasoline prices have increased since 3:00 p.m. today (April 3) while the price stabilization fund remains unchanged, with no deductions.
According to the joint decision of the Ministry of Industry and Trade and the Ministry of Finance, the ceiling price of E5RON92 gasoline is 20,373 VND/liter, an increase of 341 VND/liter compared to the current price; the new price of RON95-III gasoline is 20,919 VND/liter, an increase of 495 VND/liter compared to the current price.
Also in this adjustment period, diesel increased by 261 VND/liter, to 18,478 VND/liter; kerosene increased by 211 VND/liter, the new price is 18,735 VND/liter and fuel oil increased by 124 VND, to 17,026 VND/kg.
During this period, the joint ministries did not set aside or use the Price Stabilization Fund for petroleum products. As for the Vietnam National Petroleum Group (Petrolimex), as of the time before the price adjustment, the balance of the Price Stabilization Fund (BOG) at the enterprise was 3,082 billion VND, unchanged from the most recent announcement period.
This is the third consecutive increase in gasoline prices. Most recently (March 27), E5 RON92 gasoline increased by VND337/liter; RON95-III gasoline increased by VND337/liter, diesel increased by VND324, and kerosene increased by VND406/liter. In contrast, fuel oil decreased by VND53/kg.
According to Decree No. 80/2023/ND-CP amending and supplementing a number of articles of Decree No. 95/2021/ND-CP dated November 1, 2021 and Decree No. 83/2014/ND-CP dated September 3, 2014 of the Government on petroleum trading, the period of petroleum price management will be shortened from 10 days to 7 days, implemented every Thursday.
In case the price management period coincides with a holiday according to regulations, it will be implemented as follows: If Thursday coincides with the first day of the holiday, the petrol price management period will be implemented on the previous Wednesday. If Thursday coincides with the remaining holidays, the petrol price management period will be implemented on the first working day after the holiday.
According to VNA
Source: https://baothanhhoa.vn/gia-xang-ron95-iii-tang-495d-lit-244453.htm
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