Retail gasoline and oil prices today, July 16th, at the Vietnam National Petroleum Group (Petrolimex) system remain stable according to the new adjustment effective from 3:00 PM on July 9th of the inter-Ministry of Industry and Trade - Finance:
According to the latest price list, E10 RON 95-V bio-gasoline is listed by Petrolimex at 21,200 VND/liter in region 1 and 21,620 VND/liter in region 2. Meanwhile, E10 RON 95-III bio-gasoline is sold at 20,000 VND/liter in region 1 and 20,400 VND/liter in region 2.
For E5 RON 92-II bio-gasoline, the current selling price is 19,190 VND/liter in region 1 and 19,570 VND/liter in region 2, continuing to be the item with the lowest price in the gasoline group at the Petrolimex system.
In the oil group, 0.001S-V diesel oil is currently sold at 23,840 VND/liter in region 1 and 24,310 VND/liter in region 2. 0.05S-II diesel oil is listed at 21,740 VND/liter in region 1 and 22,170 VND/liter in region 2.
In addition, kerosene 2-K is priced at 21,610 VND/liter in region 1 and 22,040 VND/liter in region 2. For the mazut group, mazut N02B (3.5S) is sold at 13,730 VND/kg in region 1 and 14,000 VND/kg in region 2, while mazut 180cst - 0.5S (RMG) is priced at 17,930 VND/kg in region 1 and 18,280 VND/kg in region 2.
Compared to the operating period effective from 3 pm on July 2, retail gasoline and oil prices at Petrolimex have been adjusted in many directions. E10 RON 95-V biofuel gasoline decreased by 410 VND/liter, E10 RON 95-III biofuel gasoline decreased by 410 VND/liter and E5 RON 92-II biofuel gasoline decreased by 540 VND/liter. Meanwhile, 0.001S-V diesel oil increased by 570 VND/liter, 0.05S-II diesel oil increased by 570 VND/liter and 2-K kerosene increased by 650 VND/liter. For the mazut group, mazut N02B (3.5S) decreased by 320 VND/kg and mazut 180cst - 0.5S (RMG) decreased by 320 VND/kg.
According to Petrolimex's regulations, region 1 applies in areas near ports, wholesale warehouses or petroleum production facilities; region 2 applies to areas far from ports, far from wholesale warehouses and far from production facilities, so the maximum price is higher to compensate for transportation and distribution costs.
The new retail price is applied from 3:00 PM on July 9th and will be maintained until the next gasoline and oil price management period of the inter-Ministry of Industry and Trade - Finance. The adjustment is made based on the developments of finished gasoline and oil prices in the world market in the price calculation cycle and current regulations on gasoline and oil price management mechanisms.
