Gasoline price increased, oil plummeted by nearly 1,000 VND/liter

On the followingnoon of February 13, the Inter-Ministry of Industry, Trade and Finance issued a notice of adjustment gas price cyclic oil. According to regulations, the petrol price adjustment period on February 11 falls on a Saturday (a holiday) so it should be moved to today (February 13).

Specifically, the executive agency decided to increase 540t/liter for gasoline E5 RON 92 and RON 95 gasoline prices increased by 620 VND/liter. After adjustment, the maximum retail price for E5 RON 92 gasoline is 22,860 VND/liter and RON 95 gasoline price is 23,760 VND/liter.

Gasoline prices increased, oil plummeted. Photo: Industry and Trade Newspaper
Meanwhile, oil commodities all fell. Specifically, diesel oil decreased by 960 VND/liter to 21,560 VND/liter. Kerosene fell 980 dong, to 21,590 dong/liter. Fuel oil decreased by 300 VND/kg, to 13,630 VND/kg. Application time starts at 3:30 pm today.

Thus, domestic gasoline prices continue to increase. Since the beginning of the year, gasoline has undergone 5 price adjustments, of which 4 times increased and 1 time remained unchanged.

At the executive session this followingnoon, the inter-Ministry of Industry and Trade – Finance continued to not set aside for the Stabilization Fund for gasoline, and the level of deduction for oil fluctuated from 200 to 600 VND per liter, depending on the type.

The operating agency also increased spending from the Petroleum Stabilization Fund with RON95-III gasoline to 950 VND per liter, E5 RON 92 to 850 VND. The level of spending using the fund remained at 0 dong for oil products.

Before that, on January 30, the price adjustment agency RON 95 . gasoline increased by 990 VND/liter to 23,140 VND/liter, E5 RON 92 gasoline increased by 970 VND/liter to 22,320 VND/liter.

Meanwhile, the price of diesel oil increased by 890 dong/liter, to 22,520 dong/liter. Kerosene was 22,570 VND, increased by 770 VND and fuel oil was 13,930 VND/kg, increased by 570 VND.

Video: Gasoline price increased for the 6th time. Source: VTV24

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