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Domestic gas prices are set to increase slightly as of 3pm this afternoon.
The Ministry of Finance – Industry and Commerce has just issued a notice of adjustment of the national price of gasoline from 3:00 p.m. this afternoon (October 12).
Consequently, the Ministry of Industry and Commerce does not create a gasoline stabilization fund (BOG) for gasoline and fuel oil E5RON92; The BOG fund allocation for RON95 gasoline was 100 VND / liter (as in the previous period), the BOG deduction for diesel was 298 VND / liter (the previous period was 400 VND / liter), kerosene was 100 VND / liter (the previous period was 200 VND / liter).
Spending on the gasoline price stabilization fund: increased spending for the use of the BOG fund for E5RON92 gasoline to 1,200 VND / liter (in the previous period it was 1,100 VND / liter), gasoline from 95 RON to 524 VND / liter (as in the previous period.), kerosene at 100 VND / liter (the previous period did not spend), fuel oil at 100 VND / kg (as in the previous period); diesel is not wasted.
After appropriating and spending for the use of the gasoline price stabilization fund, the selling prices of popular petroleum products on the market are as follows: E5RON92 gasoline: not more than 14,268 VND / liter (an increase of 53 VND / liter) liter of current price); 95 RON-III Gasoline: no more than 15,122 VND / liter (an increase of 138 VND / liter compared to the current price); 0.05S diesel: not more than 11,128 VND / liter (stable compared to current prices); Kerosene: no more than 9,594 VND / liter (an increase of 145 VND / liter compared to the current price); Petrol 180CST 3.5S: Not more than 10,921 VND / kg (an increase of 95 VND / kg compared to the current price).
World gasoline prices in the last 15 days have had alternating increases and decreases, but the general trend is upward. Price of petroleum products in the world in 15 days before the period of operation of gasoline prices on October 12, 2020, specifically, the average price of petroleum products in: 46,374 USD / barrel of gasoline RON92 used to prepare gasoline E5RON92 (increase of 0.70 USD / barrel, equivalent to an increase of 1.53% over the previous period); $ 47,985 / barrel of 95 RON gasoline (increase of $ 0.64 / barrel, equivalent to an increase of 1.35% compared to the previous period); $ 43,432 / barrel of diesel is 0.05S (up to 0.69 USD / barrel, equivalent to an increase of 1.61% compared to the previous period); $ 41,346 / barrel of kerosene (increase of $ 2.22 / barrel, equivalent to an increase of 5.68% compared to the previous period); USD 250,204 / tonne 180CST 3.5S mazut oil (up to USD 1.79 / tonne, equivalent to a 0.72% increase over the previous period)
In the adjustment period of September 26, domestic gasoline prices were virtually unchanged. E5RON92 gasoline: no more than 14,215 VND / liter (51 VND / liter less than the current price); Gasoline 95 RON-III: no more than 14 984 VND / liter (the same compared to the previous period); 0.05S diesel: no more than 11,128 VND / liter (up to 390 VND / liter); Kerosene: no more than 9,449 VND / liter (up to 144 VND / liter); Gasazut 180CST 3.5S: not more than 10,826 VND / kg (less 117 VND / kg).
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