Hanoi-Vietnam: Petrol and oil prices on November 11, 2022 with the fourth consecutive increase

Hanoi-Vietnam: Petrol and oil prices on November 11, 2022 with the fourth consecutive increase (Image from the Internet)

According to Official Dispatch 7180/BCT-TTTN dated November 11, 2022 of the Vietnam Ministry of Industry and Trade regarding the management of gasoline and oil business, from 3:00 PM on November 11, 2022, petrol and oil prices continue to increase for the 4th consecutive time.

To be specific, after making and using the Petrol and Oil Price Stabilization Fund, the retail prices of popular petrol and oil products in the market after 3:00 PM on November 11, 2022, are regulated as follows:

- E5RON92 gasoline: Not exceeding 22,711 VND/liter (an increase of 838 VND/liter compared to the current retail price);

- RON95-III gasoline: Not exceeding 23,867 VND/liter (an increase of 1,111 VND/liter compared to the current retail price);

- Diesel 0.05S: Not exceeding 24,983 VND/liter (a decrease of 87 VND/liter compared to the current retail price);

- Kerosene: Not exceeding 24,747 VND/liter (an increase of 964 VND/liter compared to the current retail price);

- Mazut oil 180CST 3.5S: Not exceeding 14,760 VND/kg (an increase of 678 VND/kg compared to the current retail price).

The Ministry of Industry and Trade decided to allocate the Petrol and Oil Price Stabilization Fund as follows:

- E5RON92 gasoline: 200 VND/liter;

- RON95 gasoline: 200 VND/liter;

- Diesel: 0 VND/liter;

- Kerosene: 0 VND/liter;

- Mazut oil: 300 VND/kg.

At the same time, the Petrol and Oil Price Stabilization Fund shall not be used.

More details can be found in Official Dispatch 7180/BCT-TTTN dated November 11, 2022.

	Official Dispatch 7180/BCT-TTTN

Nhu Mai

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