– 180CST 3.5S fuel oil: not higher than 16,889 VND/kg (down 396 VND/kg compared to the current base price).
No appropriation or use of the Gasoline Price Stabilization Fund for E5RON92 gasoline, RON95 gasoline, diesel oil, kerosene oil, and fuel oil.
The world petroleum market in this operating period (from June 6, 2024 – June 12, 2024) is influenced by factors such as: the US Energy Information Agency (EIA) raised its forecast to increase global oil demand growth in 2024, OPEC+ maintains its forecast of increased oil demand in the second half of 2024, the military conflict between Russia and Ukraine continues… The above factors cause world petroleum prices to be in the lowest In recent days, there have been mixed increases and decreases depending on each item, but the main trend is increasing.
The average price of world petroleum products between the price management period on June 6, 2024 and the operating period on June 13, 2024 is: 86,346 USD/barrel of RON92 gasoline used to blend E5RON92 gasoline (increased by 0.980 USD/barrel , equivalent to an increase of 1.15%); 91,484 USD/barrel of RON95 gasoline (up 1,386 USD/barrel, equivalent to an increase of 1.54%); 95,442 USD/barrel of kerosene (up 1,770 USD/barrel, equivalent to an increase of 1.89%); 94,768 USD/barrel of 0.05S diesel oil (up 1,278 USD/barrel, equivalent to an increase of 1.37%); 492,706 USD/ton of 180CST 3.5S fuel oil (down 14,006 USD/ton, equivalent to a decrease of 2.76%).
This operating period, in response to the above developments in world petroleum prices, fluctuations in the VND/USD exchange rate and current regulations, the Ministry of Industry and Trade and Finance jointly decided on a plan to manage petroleum prices to ensure changes in petroleum prices. Domestic gasoline price fluctuations are consistent with world gasoline price fluctuations; continue to maintain the price difference between biofuel E5RON92 and mineral gasoline RON95 at a reasonable level to encourage the use of biofuel according to the Government’s policy; ensure harmony of interests among market participants.