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Gasoline prices continue to increase for the 4th time in a row, setting a new record

Event: Gas price Sharing at 3pm on May 23, the Inter-Ministry of Industry and Trade – Finance adjusted gasoline prices.

Data from the Ministry of Industry and Trade shows that the retail gasoline price on the Singapore market updated to May 19 increased sharply compared to the previous price calculation period.

Specifically, the average price of RON 92 gasoline used to make E5 RON 92 gasoline was $140.11/barrel, in the previous cycle it was $136.96/barrel. And RON 95 gasoline is 144.39 USD/barrel, the previous cycle was 141.09 USD/barrel.

Therefore, the Inter-Ministry of Industry and Trade – Finance decided to adjust gasoline prices from 3pm this afternoon as follows:

E5 RON 92 gasoline increased by 680 VND/liter

RON 95 gasoline increased by 670 VND/liter

Diesel oil reduced by 1,100 VND/liter

Kerosene decreased by 760 VND/liter

Fuel oil reduced by 970 VND/liter

Gasoline prices continue to increase for the 4th time in a row, setting a new record - 1

Gasoline prices are adjusted up

Accordingly, after adjusting gasoline prices on the market as follows:

E5RON92 gasoline: not higher than 29,630 VND/liter

RON 95 gasoline is not higher than 30,658 VND/liter.

Diesel oil is not higher than 25,550 VND/liter.

Kerosene not higher than 24,400 VND/liter

Fuel oil is not higher than 20,590 VND/liter.

In this period, the executive agency did not deduct the stabilization fund for gasoline. Setting up with diesel oil, kerosene is 300 VND/liter and fuel oil is 400 VND/kg. At the same time, the management agency also spends the stabilization fund for gasoline from 100-300 VND per liter depending on the type.

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