Retail gasoline and oil prices today, June 7th, at the Military Petrochemical Joint Stock Company (MIPEC) system are applied according to the new adjustment effective from 3:00 PM on June 4th of the inter-Ministry of Industry and Trade - Finance.
According to the latest price list, E10 RON 95-III bio-gasoline is currently sold by MIPEC at a price of 22,330 VND/liter in region 1 and 22,770 VND/liter in region 2. Meanwhile, E5 RON 92-II bio-gasoline is listed at 21,780 VND/liter in region 1 and 22,210 VND/liter in region 2, continuing to be the gasoline item with the lowest price in the system.
In the oil group, 0.001S diesel oil level 5 is currently sold at 28,120 VND/liter in region 1 and 28,680 VND/liter in region 2. 0.05S diesel oil level 2 is listed at 26,860 VND/liter in region 1 and 27,390 VND/liter in region 2.
According to records, the retail price level at MIPEC is currently equivalent to PVOIL for key items such as E10 RON 95-III gasoline, E5 RON 92-II gasoline and diesel oil. Compared to Petrolimex's region 2 price, many items at MIPEC are lower by about 430 - 560 VND/liter depending on the product, helping consumers have more fuel options at competitive prices.
Region 1 is an area near ports, wholesale warehouses and petroleum production facilities, while region 2 applies to areas far from supply sources, so selling prices are often higher due to transportation and distribution costs incurred.
After the operating period on June 4, the domestic gasoline and oil price level has decreased significantly, especially in the biofuel group. This development contributes to reducing fuel costs for people and businesses in the context of increased travel and transportation demand during the peak hot season.
