Retail gasoline and oil prices today (September 16) at the Military Petrochemical Joint Stock Company (MIPEC) system continue to be applied according to the operating level effective from 3:00 PM on September 10 of the inter-Ministry of Industry and Trade - Finance.
According to the MIPEC price list, E10 RON 95-III bio-gasoline is currently listed at 24,230 VND/liter in region 1 and 24,710 VND/liter in region 2.
E5 RON 92-II bio-gasoline is listed at 23,740 VND/liter in region 1 and 24,210 VND/liter in region 2.
In the oil group, 0.001S diesel oil level 5 is priced at 30,280 VND/liter in region 1 and 30,880 VND/liter in region 2. 0.05S diesel oil level 2 is priced at 28,480 VND/liter in region 1 and 29,040 VND/liter in region 2.
According to MIPEC regulations, region 1 applies in areas near ports, wholesale warehouses or gasoline and oil supply facilities; region 2 applies to areas far from supply sources, so the selling price is higher to compensate for transportation and distribution costs.
The above price is applied by MIPEC at the entire system of gas stations, agents and retailers belonging to the system nationwide until there is a new adjustment notice from the inter-Ministry of Industry and Trade - Finance.
The adjustment of gasoline and oil prices is implemented according to current regulations on gasoline and oil price management mechanisms, based on the developments of finished gasoline and oil prices in the world market in the price calculation cycle and price-forming factors according to regulations of management agencies.
