Retail gasoline and oil prices today, August 26th, at the Military Petrochemical Joint Stock Company (MIPEC) system 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 bio-gasoline is listed by MIPEC at 22,660 VND/liter in region 1 and 23,110 VND/liter in region 2, an increase of 550 VND/liter compared to the previous operating period.
Meanwhile, E5 RON 92-II bio-gasoline is sold at a price of 21,830 VND/liter in region 1 and 22,260 VND/liter in region 2, an increase of 600 VND/liter compared to the previous operating period.
In the oil group, 0.001S diesel oil level 5 is priced at 30,640 VND/liter in region 1 and 31,250 VND/liter in region 2, an increase of 1,310 VND/liter. 0.05S diesel oil level 2 is listed at 28,540 VND/liter in region 1 and 29,110 VND/liter in region 2, also an increase of 1,310 VND/liter.
Compared to the previous operating period, retail prices at MIPEC continued to be adjusted upwards for all items. Specifically, E10 RON 95-III bio-gasoline increased by 550 VND/liter, to 22,660 VND/liter; E5 RON 92-II bio-gasoline increased by 600 VND/liter, to 21,830 VND/liter in region 1.
For the oil group, 0.001S diesel oil level 5 increased by 1,310 VND/liter, to 30,640 VND/liter; 0.05S diesel oil level 2 also increased by 1,310 VND/liter, to 28,540 VND/liter in region 1. These are the two items with the strongest increase in this adjustment.
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.
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.
