Gasoline price reduced by more than 800 VND/liter

This is the first operating period for gasoline prices to be reduced by 50% of environmental tax according to the Resolution of the National Assembly Standing Committee.

Accordingly, E5 RON92 gasoline decreased by 838 VND/liter compared to the current retail price, to no higher than 26,471 VND/liter.

RON95 gasoline is not higher than 27,317 VND / liter, down 836 VND / liter compared to the current price.

Similarly, diesel oil decreased by 700 VND/liter compared to the current retail price, selling at no higher than 24,380 VND/liter.

Kerosene is not higher than 23,027 VND/liter, down 737 VND/liter compared to the current retail price.

Particularly, fuel oil price was flat, not higher than 20,929 VND/kg.

At this operating period, the inter-ministerial set up the BOG Fund for E5 RON92 products at 550 VND/liter and RON95 at 650 VND/liter, diesel oil at 500 VND/liter, kerosene at 350 VND/liter. liters and fuel oil are not extracted.

Expenses for using BOG Fund for fuel oil products are at VND 481/kg, other petroleum products are not spent.

Previously, on April 1, the price of E5 RON92 gasoline decreased by 1,021 VND / liter to 27,309 VND / liter, the price of RON 95 gasoline decreased by 1,039 VND / liter to 28,153 VND / liter.

Meanwhile, oil products had an upward adjustment margin compared to current retail prices. Specifically, kerosene increased to 23,760 VND per liter, an increase of 1,520 VND. Diesel oil increased to VND 25,080 per liter, an increase of VND 1,450. Fuel oil is 20,920 VND per kg, an increase of 500 VND.

In the first 3 months of 2022, gasoline prices had 6 increases and 2 decreases.