will solve difficulties and problems of petroleum trading enterprises

Retail business representatives calculated, each month each retail store needs 100 million to maintain. Despite such a large number of jobs and assets, the retail business seems to be neglected, and each month is suffering a heavy loss. About 3 months ago, the loss of businesses amounted to 3,000-4,000 billion, Mr. Ha Thanh Tung shared in the newspaper Industry Trade.

Deputy General Director Hoang Anh Duong said that in the coming days, the General Department of Market Management will continue to implement the direction of the Minister of Industry and Trade on strengthening supervision, inspection and handling of violations in the business. Petroleum business on the occasion before, during and following the Lunar New Year of the Rabbit in 2023, resolutely not to allow a supply disruption, ensuring a stable and smooth operation of the petroleum market.

From 3:30 p.m. on February 13, the price of E5 RON92 gasoline increased by 540 VND/liter, RON95-III gasoline increased by 620 VND/liter. However, the price of oil products decreased from 298-1,081 VND per liter, kg.

Contrary to oil prices, domestic gasoline products simultaneously went up from 3:30 p.m. today (February 13) following setting up a stabilization fund.

Specifically, according to the decision of the Ministry of Industry, Trade and Finance, the price of RON95-III gasoline increased by 620 VND per liter, to 23,147 VND per liter; E5 RON92 gasoline plus 540 VND, the new price is 22,869 VND per liter.

However, the price of diesel oil decreased by 962 dong to 21,562 dong/liter; kerosene decreased by 982 dong/liter, the new price was 21,594 dong/liter and mazut oil was 13,934 dong/kg, down another 298 dong.

In this adjustment period, the operator decided to set up a stabilization fund with diesel oil of 600 VND/liter, kerosene and fuel oil at 200 VND/liter, kg. In the opposite direction, stop spending money on all gasoline and oil products.

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