Retail gasoline and oil prices today, June 11th, at the system of Vietnam Oil Corporation - JSC (PVOIL) continue to remain stable according to the new adjustment effective from 3:00 PM on June 4th of the inter-Ministry of Industry and Trade - Finance:
According to the latest price list, PVOIL currently sells E10 RON 95-III gasoline at 22,330 VND/liter and E5 RON 92-II gasoline at 21,780 VND/liter. This continues to be the fuel group with the lowest price in the market after the most recent price reduction period.
For the oil group, DO 0.05S-II oil is listed at 26,860 VND/liter, while DO 0.001S-V oil is priced at 28,120 VND/liter.
Compared to the previous operating period on May 28, the price of E10 RON 95-III gasoline has decreased by 1,330 VND/liter, E5 RON 92-II gasoline price has decreased by 1,470 VND/liter. Meanwhile, DO oil 0.05S-II and DO oil 0.001S-V both decreased by 790 VND/liter.
According to records, the retail price level at PVOIL is currently equivalent to many large wholesale enterprises in the market. Compared to Petrolimex, the price of E10 RON 95-III gasoline and E5 RON 92-II gasoline at PVOIL is corresponding to the price level of region 1 (area near ports, wholesale warehouses and petroleum production facilities), and is about 430 - 560 VND/liter lower than the price of region 2 announced by Petrolimex.
The domestic gasoline and oil market is currently maintaining a stable state after the operating period on June 4. The sharp decrease in fuel prices in the most recent operating period has contributed to supporting transportation, production and consumption costs, while the diễn biến of world crude oil prices continues to be a factor that the market monitors before the next operating period.
