Retail gasoline and oil prices today, July 19th, at the Military Petrochemical Joint Stock Company (MIPEC) system continue to be applied according to the adjustment level effective from 3:00 PM on July 16th of the inter-Ministry of Industry and Trade - Finance and maintained until the next operating period.
According to the latest price list, E10 RON 95-III bio-gasoline is listed by MIPEC at 20,550 VND/liter in region 1 and 20,960 VND/liter in region 2. Meanwhile, E5 RON 92-II bio-gasoline is priced at 19,820 VND/liter in region 1 and 20,210 VND/liter in region 2, continuing to be the item with the lowest price in the gasoline group at the system.
For the oil group, 0.001S diesel oil level 5 is sold at 25,420 VND/liter in region 1 and 25,920 VND/liter in region 2. 0.05S diesel oil level 2 is listed at 23,320 VND/liter in region 1 and 23,780 VND/liter in region 2.
Compared to the operating period effective from 3 pm on July 9, retail prices of goods at MIPEC simultaneously increased. Specifically, E10 RON 95-III bio-gasoline increased by 550 VND/liter, to 20,550 VND/liter; E5 RON 92-II bio-gasoline increased by 630 VND/liter, to 19,820 VND/liter. Meanwhile, 0.001S diesel oil level 5 increased by 1,580 VND/liter, to 25,420 VND/liter and 0.05S diesel oil level 2 also increased by 1,580 VND/liter, to 23,320 VND/liter.
According to MIPEC regulations, region 1 applies in areas near ports, wholesale warehouses or gasoline and oil supply facilities; region 2 applies in areas far from supply sources, so the selling price may be higher to compensate for transportation and distribution costs.
The above price level is applied at the entire system of gas stations, agents and retailers under MIPEC nationwide 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 during the pricing cycle and current regulations on gasoline and oil price management.
