Gasoline prices fell for the 4th time in a row

Today (August 1) is the time to adjust gasoline prices according to the cycle of the Inter-Ministry of Finance – Industry and Trade. In today’s adjustment period, gasoline prices continued to be adjusted down simultaneously.

Specifically, gasoline E5RON92 decreased by 444 VND/liter; gasoline RON95-III decreased by 462 VND/liter; 0.05S diesel oil reduced by 950 VND/liter; kerosene decreased by 713 VND/liter; only mazut oil kept the price unchanged compared to the previous adjustment period (July 21).

Thus, after adjustment, from 15:00 on August 1, the domestic selling price of gasoline is:

– E5RON92 gasoline: no higher than 24,629 VND/liter

– RON95-III gasoline: not higher than 25,608 VND/liter

– 0.05S diesel oil: not higher than 23,908 VND/liter

– Kerosene: not higher than 24,533 VND/liter

– Fuel oil 180CST 3.5S: not higher than 16,548 VND/kg

Thus, the domestic gasoline price has had 4 consecutive downward adjustments. Compared to the end of June, each liter of RON 95-III is about 7,279 VND/liter cheaper; E5 RON 92 lowers 6,680 VND/liter; diesel oil reduced by 6,110 VND/liter.

In the same operating period, the operator made an appropriation for BOG fund for gasoline E5RON92 at 800 VND/liter (last period was 950 VND/liter), RON95 gasoline at 850 VND/liter (previous period was VND 950/liter) 950 VND/liter), diesel at 450 VND/liter (last period was 550 VND/liter), kerosene at 650 VND/liter (previous period was 700 VND/liter) and fuel oil at 787 VND/kg (last period was 950 VND/kg). Along with that is the implementation of not spending the BOG Fund for petroleum products.