The Ministry of Finance and Industry has just announced a decision to increase gasoline and oil prices from 3:00 pm on September 26th.
Specifically, E5 RON 92 gasoline will increase by VND 680 per liter to VND 19,620 per liter, and RON 95 gasoline will increase by VND 750 per liter to VND 20,510 per liter. This marks the 19th time gasoline prices have increased this year, with a corresponding number of decreases.
Meanwhile, the retail price of diesel oil has been adjusted upward by VND 460 per liter, reaching VND 17,500 per liter.
In this adjustment, the Ministries of Industry and Trade and Finance did not use the Price Stabilization Fund for gasoline and oil products.
In the previous adjustment on September 19th, E5 RON 92 gasoline increased by VND 50 per liter to VND 18,940 per liter, and RON 95 gasoline increased by VND 130 per liter to VND 19,760 per liter. The retail price of diesel oil decreased by VND 120 per liter to VND 17,040 per liter.
The Great Gas Price Plunge: What Happened Over the Last 3 Years?
As of 3 pm on September 12th, the joint decision by the Ministry of Industry and Trade and the Ministry of Finance to adjust retail fuel prices came into effect. Domestic fuel prices have seen a reduction of VND 688-1,192 per liter across the board.
Fuel Prices Plummet: RON 92 Falls Below 19,000 VND per Liter
Today’s price adjustment (September 12) sees domestic gasoline prices drop by 1,080 – 1,190 VND per liter.
Fuel Prices Drop Below 21,000 VND per Liter – The Lowest Since the Start of the Year
Today’s price adjustment (September 5th) sees domestic gasoline prices drop by 280 to 360 VND per liter.
