Retail gasoline and oil prices today, August 22nd, at the system of Vietnam Oil Corporation - JSC (PVOIL) continue to be applied according to the adjustment level effective from 3:00 PM on August 20th of the inter-Ministry of Industry and Trade - Finance.
According to the latest price list, E10 RON 95-III gasoline is listed by PVOIL at 22,660 VND/liter, an increase of 550 VND/liter compared to the previous operating period.
Meanwhile, E5 RON 92-II gasoline is sold at 21,830 VND/liter, an increase of 600 VND/liter compared to the previous operating period. This is a higher increase compared to E10 RON 95-III gasoline in this adjustment phase.
In the oil group, DO 0.05S-II oil is priced at 28,540 VND/liter, an increase of 1,310 VND/liter. DO 0.001S-V oil is listed at 30,640 VND/liter, also an increase of 1,310 VND/liter compared to the previous adjustment period.
Compared to the operating period effective from 3:00 PM on August 13, retail prices at PVOIL were adjusted up in all items. Specifically, E10 RON 95-III gasoline increased by 550 VND/liter, to 22,660 VND/liter; E5 RON 92-II gasoline increased by 600 VND/liter, to 21,830 VND/liter.
For the oil group, DO 0.05S-II oil increased by 1,310 VND/liter, to 28,540 VND/liter; DO 0.001S-V oil also increased by 1,310 VND/liter, to 30,640 VND/liter. These are the two items with the strongest increase adjustment among the products announced by PVOIL.
The above retail price is applied by PVOIL at the entire system of gas stations and distribution units under the system nationwide until the next gasoline and oil price adjustment period of the inter-Ministry of Industry and Trade - Finance.
The adjustment of gasoline and oil prices is implemented according to current regulations on price management, 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.
