Gasoline
Ministry of Industry and Trade revokes confirmation of gasoline and oil distribution company
|
The Ministry of Industry and Trade decided to revoke the Certificate of eligibility to be a petroleum distribution trader with Lien Ket Trading and Transport Joint Stock Company.
Not allowed to reduce the scale, investors ask to stop gasoline projects in Ha Tinh
|
Ha Tinh - After requesting an unapproved scale adjustment, Giang Nam Petroleum Company Limited requested to stop the project and return the land to the locality.
Abolish the roadmap for applying the biofuel mixing ratio according to the old regulations
|
The Prime Minister abolished the entire roadmap for applying the biofuel mixing ratio according to the 2012 decision.
Untrue rumors cause thousands of Da Lat people to rush to buy gasoline to store
|
Lam Dong - Gasoline vehicles are still circulating normally, Ta Nung Pass is safe, people do not need to store, causing traffic congestion.
Gasoline tank explosion in Mexico, 3 dead, 70 injured
|
A tanker truck carrying gas exploded and burned down many vehicles under a highway overpass in Mexico on September 10.
It is impossible not to impose special consumption tax on gasoline
|
Regarding the tax on gasoline, Minister of Finance Nguyen Van Thang said that the special consumption tax on gasoline has been implemented since 1998.
Considering imposing special consumption tax on air conditioners and gasoline
|
Some National Assembly deputies believe that the use of air conditioners and gasoline is popular, so it is necessary to consider applying Special Consumption Tax.
Advantages and disadvantages when gasoline distributors buy and sell from each other
|
The Ministry of Industry and Trade said it will submit a plan for petrol distributors to buy and sell from each other, creating conditions to diversify the distribution system.
National Assembly deputies propose that petroleum businesses should be allowed to freely buy and sell
|
Businesses and experts hope that the petroleum decree will move towards marketization, including reconsidering the prohibition of traders from distributing and trading with each other.
Sometimes prosperous, sometimes disastrous because of uncontrolled gasoline discounts
|
Many retail and distribution businesses of gasoline are "on edge" at the risk of losing money again due to the "squeezing" of gasoline discounts by key businesses.
Russia's move affects major oil and gas customers
|
Russia has announced an extension of the ban on gasoline exports from August to October, to compensate for increased domestic demand in spring and summer.
Oil prices accelerate, increase by more than 2% in the last session of the week
|
In the trading session on December 9 (Vietnam time), oil prices continued to increase after US data supported demand growth expectations.
World oil prices continue to increase
|
In the trading session on December 27 (Vietnam time), world oil prices increased in the context of China's announcement of easing COVID-19 pandemic restrictions.
Oil prices increase after Russia reduces production
|
In the weekend trading session on December 24 (Vietnam time), oil prices increased sharply after the announcement of the possibility of cutting Russia's output to deal with the price cap.
World oil prices regain momentum
|
The weakening of the USD and the tight supply pressure have supported oil prices today (November 23, Vietnam time) to increase.
