Gasoline prices barely change, diesel surges

HCMC – Domestic gasoline prices saw little change, while diesel oil edged up today, according to an announcement jointly issued by the ministries of Industry-Trade and Finance.

RON 95-III gasoline now sells for VND23,990 per liter, and E5 RON 92 bio-gasoline is priced at VND22,820, both up by VND30.

Diesel oil now costs VND22,420 per liter, up by VND1,810, and kerosene is now capped at VND21,880, increasing by VND1,610.

Heavy fuel oil costs VND17,660 per kilogram, up by VND1,130.

In this price review, both ministries refrained from imposing fuel surcharges. As of July, the fuel price stabilization fund had had a surplus of VND7,438 billion, according to the Ministry of Finance.

Local fuel traders can now tap the fund at VND150 for each kilogram of heavy oil sold.