Gasoline price hits new record high so far
Due to the increasing pressure of gasoline prices in the world, this afternoon, the Inter-Ministry of Industry and Trade - Finance decided to spend the price stabilization fund to subsidize gasoline prices so that domestic gasoline prices have a lower increase level than the increase of world gasoline prices.
Still, retail gasoline prices in the domestic market still increased strongly. Specifically, E5RON92 gasoline price has increased by VND 674 a liter to VND29,633 a liter meanwhile RON95-III gasoline increased by VND669 a liter to VND30,657 a liter.
In contrast, oil prices were simultaneously adjusted down to compensate for gasoline prices. For instance, the price of diesel oil decreased by VND 1,097 per liter to VND25,553 a liter while kerosene decreased by VND763 a liter to VND24,405 a liter, and fuel oil 180CST 3.5S is priced at VND20,598 per kg, down VND962 a kg.
