Retail gasoline and oil prices today, June 16th, at the Military Petrochemical Joint Stock Company (MIPEC) system are kept stable according to the latest price effective from 3:00 PM on June 11th of the inter-Ministry of Industry and Trade - Finance:
According to the latest price list, E10 RON 95-III bio-gasoline is currently listed by MIPEC at 22,060 VND/liter in region 1 and 22,500 VND/liter in region 2. Meanwhile, E5 RON 92-II bio-gasoline is sold at 21,330 VND/liter in region 1 and 21,750 VND/liter in region 2.
In the oil group, 0.001S diesel oil level 5 is currently sold at 27,130 VND/liter in region 1 and 27,670 VND/liter in region 2. 0.05S diesel oil level 2 is listed at 25,870 VND/liter in region 1 and 26,380 VND/liter in region 2.
According to business regulations, region 1 applies in areas near ports, wholesale warehouses and fuel supply facilities; while region 2 are areas further away from supply sources, so selling prices are higher due to transportation and distribution costs arising.
According to records, the retail price level at MIPEC is currently equivalent to PVOIL for key items. Compared to Petrolimex's region 2 price, many products at MIPEC are lower by about 420 - 540 VND/liter, creating more competitive choices for consumers.
After the adjustment period on June 11, domestic gasoline and oil prices decreased further compared to the previous period. This development helps the fuel price level maintain at the lowest level in many weeks, contributing to reducing pressure on transportation, production and consumption costs in the context of world energy prices still fluctuating.
