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Oil prices continue to rise – Photo: CHI TU TU
Consequently, gasoline prices E5RON92 increased by 389 VND / liter, if BOG Fund is not spent 1,200 VND / liter, it will increase 1,589 VND / liter and the sale price is 16,718 VND / liter.
The price of RON95-III gasoline increases 472 VND / liter, if the BOG Fund does not spend 350 VND / liter, it will increase 822 VND / liter and the sale price is 16,829 VND / liter.
The 0.05S diesel increases by 484 VND / liter, if the BOG Fund does not spend 300 VND / liter, it will increase 784 VND / liter and the sale price will be 12.676 VND / liter.
Kerosene increased by 411 VND / liter, if BOG 500 VND / liter is not spent, it would increase 911 VND / liter and the sale price was 11,688 VND / liter.
180CST 3.5S gasoline oil increased 330 VND / kg, if BOG Fund 200 VND / kg is not spent, it will increase 530 VND / kg, and the sale price is 12,472 VND / kg.
The Ministry of Industry and Commerce said that in the past, gasoline prices increased dramatically, from 4.3 to 6.7%. However The disease situation in the country is still fairly well controlled, productive and commercial activities are actively restored, preparing products for the end of the year and the Lunar New Year.
In recent operational periods, in order to support the economic recovery process and limit the increase in gasoline prices, the Ministry of Industry and Commerce – Finance has incurred expenses in the continuous use of the BOG Fund at a relatively high rate (currently from 200 VND / liter / kg to 1,000 VND / liter for gasoline and oil).
Therefore, the executive agency said that this time, if the BOG Fund is not continued to be spent, the price of gasoline will increase compared to the current price of around 530-1,589 VND / liter.
To ensure that domestic oil prices correctly reflect the trend of fluctuations in world gasoline prices, limit increases in the price of petroleum products, help stabilize commodity prices at the end of the year and the Lunar New Year, support to Production, business and consumption of people and companies still faced many difficulties due to the impact of the Covid-19 epidemic, the Ministry of Industry and Commerce – Finance decided to increase the spending of the BOG Fund in gasoline and oil.
The time of constitution and expenditure of the oil price stabilization fund for petroleum products is from 3:00 p.m. on December 26.
