Retail gasoline and oil prices today July 3: Turnaround

Song Anh |

Retail gasoline and oil prices today, July 3rd, at the Petrolimex system apply a new adjustment level, in which most items decreased in price, while kerosene increased slightly.

Retail gasoline and oil prices today, July 3rd, at the Vietnam National Petroleum Group (Petrolimex) system are applied according to the new adjustment effective from 4:00 PM on July 2nd of the inter-Ministry of Industry and Trade - Finance.

Bảng giá xăng dầu bán lẻ Petrolimex Việt Nam. Bảng: Petrolimex
Petrolimex Vietnam retail gasoline and oil price list. Table: Petrolimex

According to the latest price list, E10 RON 95-V bio-gasoline is listed by Petrolimex at 21,610 VND/liter in region 1 and 22,040 VND/liter in region 2. Meanwhile, E10 RON 95-III bio-gasoline is sold at 20,410 VND/liter in region 1 and 20,810 VND/liter in region 2.

For E5 RON 92-II bio-gasoline, the current selling price is 19,730 VND/liter in region 1 and 20,120 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 23,270 VND/liter in region 1 and 23,730 VND/liter in region 2. 0.05S-II diesel oil is listed at 21,170 VND/liter in region 1 and 21,590 VND/liter in region 2.

In addition, kerosene 2-K is priced at 20,960 VND/liter in region 1 and 21,370 VND/liter in region 2. For the mazut group, mazut N02B (3.5S) is sold at 14,050 VND/kg in region 1 and 14,330 VND/kg in region 2, while mazut 180cst - 0.5S (RMG) is priced at 18,250 VND/kg in region 1 and 18,610 VND/kg in region 2.

Compared to the operating period effective from 0:00 on July 1st, retail gasoline and oil prices at Petrolimex in the adjustment period from 16:00 on July 2nd have decreased in most items. Specifically, E10 RON 95-V bio-gasoline decreased by 640 VND/liter, E10 RON 95-III bio-gasoline decreased by 790 VND/liter and E5 RON 92-II bio-gasoline decreased by 1,050 VND/liter.

In the oil group, diesel 0.001S-V and diesel 0.05S-II both decreased by 690 VND/liter, while kerosene 2-K increased by 70 VND/liter. For the mazut group, mazut N02B (3.5S) decreased by 980 VND/kg and mazut 180cst - 0.5S (RMG) decreased by 780 VND/kg compared to the previous operating period.

According to Petrolimex's regulations, region 1 applies in areas near ports, wholesale warehouses or gasoline and oil production facilities; region 2 applies to areas far from ports, far from wholesale warehouses and far from production facilities, so the maximum selling price is higher to compensate for transportation and distribution costs.

The new retail price is applied from 4:00 PM on July 2nd and will be maintained until the next gasoline and oil price adjustment period of the inter-Ministry of Industry and Trade - Finance. The adjustment is implemented according to current regulations on taxes and gasoline and oil price management mechanisms, and based on the developments of finished gasoline and oil prices in the world market during the pricing cycle.

Song Anh
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