RON95-III gasoline slightly decreased, selling price under 20,000 VND/liter

At the gasoline and oil price adjustment session this afternoon (July 17), the prices of two gasoline products E5RON92 and RON95-III were both adjusted down slightly by 165-178 VND/liter.

Prices of 4 gasoline and oil products were adjusted down from the afternoon of July 17. Illustrative photo

According to the Ministry of Industry and Trade - Ministry of Finance, the world gasoline and oil market during the period from July 10 to 16 was affected by the following main factors: US crude oil inventories decreased, while distillate inventories increased; OPEC+ forecasts that oil demand will continue to increase in the third quarter; information about the new US import tax policy... The above factors caused world gasoline and oil prices to fluctuate up and down depending on each product in recent days.

In this operating period, in light of the above-mentioned developments in world gasoline and oil prices, fluctuations in the VND/USD exchange rate and current regulations, the Ministry of Industry and Trade - Ministry of Finance decided not to set aside or use the Gasoline and Oil Price Stabilization Fund for E5RON92 gasoline, RON95 gasoline, diesel oil, kerosene, and fuel oil.

The selling prices of popular gasoline and oil products on the market are as follows: E5RON92 gasoline is not higher than VND 19,481/liter (down VND 178/liter), lower than RON95-III gasoline by VND 444/liter; RON95-III gasoline is not higher than VND 19,925/liter (down VND 165/liter).

Diesel 0.05S is not higher than 18,799 VND/liter (down 38 VND/liter); kerosene is not higher than 18,429 VND/liter (up 58 VND/liter) and fuel oil 180CST 3.5S is not higher than 15,478 VND/kg (down 85 VND/kg).

Source: https://hanoimoi.vn/xang-ron95-iii-giam-nhe-gia-ban-duoi-20-000-dong-lit-709359.html