From 3:00 p.m. on November 21, the price of E5 RON92 gasoline decreased by VND109/liter; RON95-III gasoline decreased by VND79/liter. At the same time, diesel decreased by VND64/liter; kerosene decreased by VND67/liter, but fuel oil increased by VND5/kg.
A Petrolimex gas station in Hanoi.
According to the decision of the Ministry of Industry and Trade and the Ministry of Finance, except for fuel oil, the prices of other petroleum products will decrease from 3:00 p.m. today (November 21).
Specifically, the price of E5 RON92 gasoline decreased by 109 VND/liter, down to 19,343 VND/liter; RON95-III gasoline decreased by 79 VND/liter, the new price is 20,528 VND/liter; diesel oil decreased by 64 VND/liter, down to 18,509 VND/liter; kerosene decreased by 67 VND/liter, the new price is 18,921 VND/liter. However, fuel oil increased slightly by 5 VND, up to 16,014 VND/kg.
During this management period, the joint ministries did not set aside or use the Price Stabilization Fund for petroleum products. A representative of the Vietnam National Petroleum Group (Petrolimex) said that as of the time before the price adjustment, the balance of the Price Stabilization Fund (BOG) at the enterprise was VND3,080 billion, unchanged from the most recent announcement period.
Previously, on November 14, E5 RON92 gasoline decreased by VND292/liter; RON95-III gasoline decreased by VND247/liter. Diesel oil decreased by VND344/liter; kerosene decreased by VND306/liter, and fuel oil decreased by VND385/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.
(Source Vietnam+)
Source: https://baophutho.vn/giam-2-lan-lien-tiep-gia-mat-hang-ron95-iii-xuong-sat-20-500-dong-moi-lit-223134.htm
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