Retail Gasoline Price Increases by VND900/Liter

The retail gasoline price increased by VND900 per liter at 3pm today (Photo: Hoang Uy)

The retail gasoline price increased by VND900 per liter at 3pm today, while the retail price of oil stayed the same.

According to the Ministries of Trade and Finance, the retail price of A92 gasoline is VND11,000/liter, A90 VND10,800/liter, and A83 VND10,600/liter.

Tomorrow the Ministries of Trade and Finance will cut the import tariff rate of gasoline down from 15% to 10%.

At present, the world's crude oil price is still plunging sharply. Crude oil for an April delivery in New York sank to US$60.07 a barrel, a US$2 decrease. Oil in London felt down to US$60.54 a barrel.

Source Vnex – Translated by Hoang Uy

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