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From 3:00 p.m. today, domestic gasoline prices have increased sharply, RON95 up to more than 21,000 VND per liter.
According to the adjustment of the Ministry of Industry and Trade - Ministry of Finance, businesses simultaneously adjusted to increase gasoline prices from 3:00 p.m. today, October 10.
Specifically, the price of E5 RON92 gasoline increased by VND996 to VND19,846/liter; RON95-III gasoline increased by VND1,258 to VND21,061/liter.
In addition, diesel price increased by VND1,099 to VND18,500/liter, kerosene increased by VND1,139 to VND18,790/liter and fuel oil increased by VND908 to VND15,911/kg.
At today's management session, the inter-ministerial committee continued not to spend the Price Stabilization Fund.
According to the Ministry of Finance, the balance of the Petroleum Price Stabilization Fund as of the end of the second quarter was VND6,061 billion, down VND18 billion compared to the previous quarter and the fifth consecutive quarter of decline. Compared to the end of 2023, the fund balance decreased by nearly VND600 billion.
Of which, the fund balance at Vietnam National Petroleum Group (Petrolimex) accounts for more than half, at nearly VND3,079 billion. This is the leading enterprise holding nearly 50% of the domestic petroleum retail market share.
TB