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Gasoline prices today April 21: Return to upward momentum

On April 21, the Ministry of Industry and Trade – Finance decided to increase gasoline prices in this operating period.

Accordingly, E5 gasoline increased by 663 VND/liter, the selling price was not higher than 27,134 VND/liter.

RON95 gasoline increased by 675 VND/liter, the selling price was not higher than 27,992 VND/liter.

Diesel oil increased by 979 VND/liter, the selling price was not higher than 25,359 VND/liter.

Kerosene increased by 801 VND/liter, the selling price was not higher than 23,828 VND/liter. Madut oil is not higher than 21,800 VND/liter.

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Gasoline prices rise again

At this operating period, the inter-ministerial department stopped spending on petrol price stabilization fund (except for madut oil, which spends 250 VND/liter). At the same time, continue to set up the petrol price stabilization fund with E5 gasoline at 400 VND/liter, RON95 gasoline at 500 VND/liter, diesel and kerosene oil at 100 VND/liter.

The world petroleum market has had mixed movements in the past 10 days. Before the IMF’s reduced global growth forecast, the pressure on demand decreased, however, supply from Russia and Libya decreased along with Shanghai’s preparation to reopen after the blockade to prevent the Covid-19 epidemic. 19, so the price of oil has increased again.

The price of finished petroleum products on the world market has increased and decreased, but the general trend is up. The average price of petroleum products in the world between the gasoline price management period on April 12 and the operating period on April 21 is: 124,477 USD/barrel of RON92 gasoline used to make E5RON92 gasoline (an increase of 4,791 USD/barrel, equivalent to 4,791 USD/barrel). equivalent increase of 4% compared to the previous period); $127,500/barrel of RON95 gasoline (an increase of $4,484/barrel, equivalent to an increase of 3.65% over the previous period).

Ha Duy

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Gasoline prices increased sharply after 3 consecutive reductionsPetrol prices in the country tomorrow (April 21) will increase again after 3 consecutive reductions. According to the forecast, the price of gasoline may increase from 700-800 VND/liter if the operator does not deduct the price stabilization fund.

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