Gasoline prices increase sharply - Vietnam Business Magazine

DNVN - After the adjustment by the Ministry of Industry and Trade - Ministry of Finance, from 3:00 p.m. on September 26, the prices of all types of gasoline and oil were simultaneously adjusted up, of which RON 95 III gasoline increased to 20,518 VND/liter.

During the operating period on September 26, the Ministry of Industry and Trade - Ministry of Finance decided not to set aside or use the Petroleum Price Stabilization Fund for E5 RON 92 gasoline, RON 95 gasoline, diesel oil, kerosene and fuel oil.

Accordingly, E5 RON 92 gasoline increased by 679 VND/liter to 19,620 VND/liter, RON 95 III gasoline increased by 756 VND/liter to the new price of 20,518 VND/liter.

Diesel, kerosene and fuel oil also increased, with increases of 463 VND/liter, 322 VND/liter and 531 VND/kg respectively to the new prices: 17,506 VND/liter, 17,873 VND/liter and 15,357 VND/kg (an increase of 531 VND/kg compared to the current base price).

Since the beginning of the year, gasoline prices have increased 19 times.

The regulator said that the world oil market from September 19 to 25 was affected by factors such as: increased conflict in the Middle East, China's economic stimulus measures, ongoing military conflict between Russia and Ukraine... These factors caused world oil prices in recent days to increase and decrease depending on each product.

This is the second consecutive time that gasoline prices have been adjusted up. Since the beginning of the year, gasoline prices have increased 19 times and decreased 19 times. Oil prices have increased 16 times and decreased 22 times.

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Source: https://doanhnghiepvn.vn/kinh-te/gia-xang-tang-manh/20240926022243353