As of 5pm today (April 21), prices for gasoline and some domestic oil products fell after two consecutive increases. In particular, the price of RON95-III petrol decreased by VND 606 per liter to VND 23,639 per liter; E5 RON92 petrol decreased by VND 485/liter to VND 22,688 per liter, diesel oil decreased by VND 752 to VND 19,397/liter.

In addition, kerosene fell by VND 259/liter, the new price was VND 19,480/liter and heating oil rose by VND 649 to VND 15,843/kg.

During this period of operation, the stabilization fund for gasoline E5 RON92 applies; RON95-III petrol, diesel and kerosene are all at VND 300/litre and fuel oil at VND 0. In the opposite direction, the operator decided to stop spending funds on all gasoline and oil products.

Last time (April 11), the price of RON95-III gasoline increased by VND 1,120 per liter after the establishment of a stabilization fund; E5 RON92 gasoline increased by VND 1,091/litre, diesel oil increased by VND 719. Kerosene increased by VND 702/liter and heating oil by VND 765/kg.

In accordance with Decree 95/ND-CP amending and supplementing some articles of Decree 83/2014 on petrol and oil trade, effective January 2, 2022, petrol and oil prices will be adjusted three times a month on January 2, 2022 : 1st, 11th and 21st of each month (i.e. every 10 days instead of every 15 days).

If it falls on a holiday or legal holiday, it is postponed to the next working day after the holiday; If it coincides with the Lunar New Year holiday, it will be postponed to the next adjustment period.