The average price of finished petroleum products in the world between the price management period of June 5, 2025 and the management period of June 12, 2025 is: 76.748 USD/barrel of RON92 gasoline used to blend E5RON92 gasoline (up 1.078 USD/barrel, equivalent to an increase of 1.42%); 78.664 USD/barrel of RON95 gasoline (up 1.358 USD/barrel, equivalent to an increase of 1.76%); 79.740 USD/barrel of kerosene (up 1.270 USD/barrel, equivalent to an increase of 1.62%); 81.506 USD/barrel of 0.05S diesel (up 1.558 USD/barrel, equivalent to an increase of 1.95%); 436,152 USD/ton of 180CST 3.5S fuel oil (up 9,814 USD/ton, equivalent to an increase of 2.30%).
(Details in the table of statistics on world petroleum product prices between two management periods)
In this management period, in response to the above-mentioned developments in world oil prices, fluctuations in the VND/USD exchange rate and current regulations, the Ministry of Industry and Trade - Ministry of Finance decided on a plan to manage oil prices to ensure that domestic oil price fluctuations are consistent with world oil price fluctuations; continue to maintain the price difference between E5RON92 biofuel and RON95 mineral gasoline at a reasonable level to encourage the use of biofuels according to the Government's policy; ensure the harmony of interests among market participants.
Petroleum Price Stabilization Fund
No provision or use of the Petroleum Price Stabilization Fund for E5RON92 gasoline, RON95 gasoline, diesel oil, kerosene, and fuel oil
Gasoline price
After making provisions and spending the Petroleum Price Stabilization Fund for petroleum products as stated in Section 1 above, the selling prices of popular petroleum products on the market are as follows:
E5RON92 gasoline: no higher than VND 19,462/liter (increase of VND 199/liter compared to current base price), VND 505/liter lower than RON95-III gasoline;
RON95-III gasoline: no higher than VND 19,967/liter (an increase of VND 269/liter compared to the current base price);
Diesel 0.05S: not higher than VND 17,700/liter (increase of VND 280/liter compared to current base price);
Kerosene: not higher than VND 17,511/liter (increase of VND 227/liter compared to current base price);
Mazut oil 180CST 3.5S: not higher than 16,461 VND/kg (increase 283 VND/kg compared to current base price).
Provision and use of the Petroleum Price Stabilization Fund for petroleum products in Section 1 above: Applicable from 15:00 on June 12, 2025.
Adjustment of selling prices of petroleum products: To be determined by petroleum wholesalers and petroleum distributors, but no earlier than 3:00 p.m. on June 12, 2025.
From 15:00 on June 12, 2025, the time when the Ministry of Industry and Trade announces the base price of the period announced in this Official Dispatch until before the date the Ministry of Industry and Trade announces the base price of the next period, the adjustment of the selling price of petroleum products shall be decided by the main petroleum traders and petroleum distributors in accordance with the provisions of Decree No. 80/2023/ND-CP dated November 17, 2023, Decree No. 95/2021/ND-CP dated November 1, 2021, Decree No. 83/2014/ND-CP dated September 3, 2014, Circular No. 18/2025/TT-BCT dated March 13, 2025, Circular No. 17/2021/TT-BCT dated November 15, 2021, Circular No. 104/2021/TT-BTC dated November 18, 2021 of the Ministry of Finance guiding the method of determining constituent elements in the basic price formula for gasoline and oil, Circular No. 103/2021/TT-BTC dated November 18, 2021 of the Ministry of Finance guiding the method of setting up, spending, using and managing the Petroleum Price Stabilization Fund.
The Ministry of Industry and Trade will coordinate with relevant agencies to inspect and supervise the implementation of the responsibility of ensuring the supply of gasoline to the market by gasoline traders and will strictly handle violations (if any).
Source: https://moit.gov.vn/tin-tuc/thi-truong-trong-nuoc/thong-tin-ve-viec-dieu-hanh-gia-xang-dau-ngay-12-6-2025.html
![[Maritime News] Wan Hai Lines invests $150 million to buy 48,000 containers](https://vphoto.vietnam.vn/thumb/402x226/vietnam/resource/IMAGE/2025/6/20/c945a62aff624b4bb5c25e67e9bcc1cb)
![[Infographic] Party Committee of the Ministry of Culture, Sports and Tourism: Marks of the 2020 - 2025 term](https://vphoto.vietnam.vn/thumb/402x226/vietnam/resource/IMAGE/2025/6/22/058c9f95a9a54fcab13153cddc34435e)
Comment (0)