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Some information about gasoline price management on April 10, 2025

The world oil market in this operating period (from April 3, 2025 to April 9, 2025) is affected by major factors such as: the US announced high tariffs on goods from a series of trading partners, US crude oil inventories increased, the military conflict between Russia and Ukraine continues... The above factors have caused world oil prices to drop sharply in recent days.

Bộ Công thươngBộ Công thương10/04/2025

The average price of finished petroleum products in the world between the price adjustment period of April 3, 2025 and the adjustment period of April 10, 2025 is: 74.184 USD/barrel of RON92 gasoline used to blend E5RON92 gasoline (down 8.939 USD/barrel, equivalent to a decrease of 10.75%); 75.334 USD/barrel of RON95 gasoline (down 9.531 USD/barrel, equivalent to a decrease of 11.23%); 79.720 USD/barrel of kerosene (down 7.740 USD/barrel, equivalent to a decrease of 8.85%); 79.484 USD/barrel of 0.05S diesel oil (down 7.714 USD/barrel, equivalent to a decrease of 8.85%); 419,528 USD/ton of 180CST 3.5S fuel oil (down 44,187 USD/ton, equivalent to a decrease of 9.53%).

In this management period, in response to the above-mentioned developments in world oil prices, fluctuations in the VND/USD exchange rate and current regulations, the Ministry of Industry and Trade - Ministry of Finance decided on a plan to manage oil prices to ensure that domestic oil price fluctuations are consistent with world oil price fluctuations; continue to maintain the price difference between E5RON92 biofuel and RON95 mineral gasoline at a reasonable level to encourage the use of biofuels according to the Government's policy; ensure the harmony of interests among market participants.

1. Petroleum Price Stabilization Fund

Do not set aside or use the Petroleum Price Stabilization Fund for E5RON92 gasoline, RON95 gasoline, diesel oil, kerosene, and fuel oil.

2. Gasoline price

After making provisions and spending the Petroleum Price Stabilization Fund for petroleum products as stated in Section 1 above, the selling prices of popular petroleum products on the market are as follows:

- E5RON92 gasoline: no higher than VND 18,882/liter (down VND 1,491/liter compared to the current base price), VND 325/liter lower than RON95-III gasoline;

- RON95-III gasoline: no higher than VND 19,207/liter (down VND 1,712/liter compared to current base price);

- Diesel oil 0.05S: not higher than 17,243 VND/liter (1,235 VND/liter less than the current base price);

- Kerosene: not higher than 17,413 VND/liter (down 1,322 VND/liter compared to current base price);

- 180CST 3.5S mazut oil: not higher than 15,902 VND/kg (1,124 VND/kg lower than current base price).

- Provision and use of the Petroleum Price Stabilization Fund for petroleum products in Section 1 above: Applicable from 15:00 on April 10, 2025.

- Adjustment of selling prices of petroleum products: To be determined by petroleum wholesalers and petroleum distributors, but no later than 3:00 p.m. on April 10, 2025.

- From 15:00 on April 10, 2025, the time when the Ministry of Industry and Trade announces the base price of the period announced in this Official Dispatch until before the date the Ministry of Industry and Trade announces the base price of the next period, the adjustment of the selling price of petroleum products shall be decided by the main petroleum traders and petroleum distributors in accordance with the provisions of Decree No. 80/2023/ND-CP dated November 17, 2023, Decree No. 95/2021/ND-CP dated November 1, 2021, Decree No. 83/2014/ND-CP dated September 3, 2014, Circular No. 17/2021/TT-BCT dated November 15, 2021, Circular No. 104/2021/TT-BTC dated November 18, 2021. 2021 of the Ministry of Finance guiding the method of determining the constituent elements in the basic price formula of gasoline and oil, Circular No. 103/2021/TT-BTC dated November 18, 2021 of the Ministry of Finance guiding the method of setting up, spending, using and managing the Petroleum Price Stabilization Fund.

The Ministry of Industry and Trade will coordinate with relevant agencies to inspect and supervise the implementation of the responsibility of ensuring the supply of gasoline to the market by gasoline traders and will strictly handle violations (if any).


Source: https://moit.gov.vn/tin-tuc/thong-bao/mot-so-thong-tin-ve-viec-dieu-hanh-gia-xang-dau-ngay-10-4-2025.html


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