Gasoline price continues to decrease by more than 800 VND from 3pm on 12/4/2022

According to the latest document dated April 12, 2022 on petroleum business management of the Ministry of Industry and Trade, from 3pm on April 12, 2022, gasoline prices continued to decrease by more than 800 VND/liter.

Gasoline price continues to decrease by more than 800 VND from 3pm on 12/4/2022 (Artwork)

Specifically, the selling prices of petroleum products by petrol and oil wholesalers and petrol and oil distributors from 3pm on April 12, 2022 are as follows:

- E5RON92 gasoline: not higher than 26,471 VND/liter (down 838 VND/liter compared to the current retail price);

- RON95-III gasoline: not higher than 27,317 VND/liter (down 836 VND/liter compared to the current retail price);

- 0.05S diesel oil: not higher than 24,380 VND/liter (down 700 VND/liter compared to the current retail price);

- Kerosene: not higher than 23,027 VND/liter (a decrease of 737 VND/liter compared to the current retail price);

- Fuel oil 180CST 3.5S: not higher than 20,929 VND/kg (stable compared to the current retail price).

The Ministry of Industry and Trade decided to set up the Petroleum Price Stabilization Fund:

- E5RON92 gasoline: 550 VND/liter; 

- RON95 gasoline: 650 VND/liter; 

- Diesel oil: 500 VND/liter; 

- Kerosene: 350 VND/liter; 

- Oil of madut: 0 VND/kg. 

At the same time, spending on petrol and oil BOG Fund: Expenditure of BOG Fund for fuel oil products is at 481 VND/kg, other petroleum products are not spent.

See details at  the website of the Ministry of Industry and Trade of Vietnam .

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