In the last operating period of February 2024 (February 29), each liter of gasoline increased from more than 200 to more than 300 VND/liter, while oil prices increased or decreased depending on the type.
Specifically, from 3:00 p.m. today, February 29, the price of E5 RON92 gasoline increased by VND277/liter, not higher than VND22,752/liter; RON95 gasoline increased by VND330/liter, not higher than VND23,929/liter.
Meanwhile, diesel oil decreased by 137 VND/liter, not higher than 20,773 VND/liter; kerosene decreased by 135 VND/liter, not higher than 20,785 VND/liter; mazut oil increased by 30 VND/kg, not higher than 15,959 VND/kg.
In this management period, the Ministry of Industry and Trade - Ministry of Finance decided to set aside a price stabilization fund for fuel oil at 300 VND/kg (as in the previous period); no provision for gasoline, diesel and kerosene.
At the same time, do not use the fund for all petroleum products.
According to the Ministry of Industry and Trade, the world oil market in this management period (from February 22, 2024 to February 28, 2024) is affected by factors such as: US oil inventories continue to increase, the US Federal Reserve (Fed) maintains its stance of cutting interest rates in the near future, tensions in the Middle East show no signs of cooling down, conflicts in the Red Sea continue to affect transportation activities... The above factors have caused world oil prices to fluctuate between increases and decreases in recent days.
The average price of finished petroleum products in the world between the price adjustment period on February 22, 2024 and the adjustment period on February 29, 2024 is: 96.306 USD/barrel of RON92 gasoline used to blend E5 RON92 gasoline (up 1.128 USD/barrel); 100.976 USD/barrel of RON95 gasoline (up 1.268 USD/barrel); 102.358 USD/barrel of kerosene (down 1.312 USD/barrel); 103.712 USD/barrel of diesel oil (down 1.322 USD/barrel); 447.814 USD/ton of fuel oil (down 1.112 USD/ton).
In the previous adjustment period, the price of E5 gasoline decreased by 360 VND/liter, the selling price was 22,470 VND/liter. The price of RON95 gasoline decreased by 320 VND/liter, the selling price was 23,590 VND/liter.
Similarly, diesel oil decreased by 451 VND/liter, not higher than 20,910 VND/liter; kerosene decreased by 300 VND/liter, not higher than 20,921 VND/liter; mazut oil increased by 23 VND/kg, not higher than 15,929 VND/kg.
(VTC News)
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