The retail price of biofuel E5 RON 92 fell by VNĐ329 to trade at a maximum of VNĐ19,611 (US$0.85) per litre at 3pm today, the Ministries of Industry and Trade and Finance announced.
The retail price of biofuel E5 RON 92 rose VNĐ500 to VNĐ19,940 (US$0.87) per litre at 3 p.m. Wednesday, the Ministries of Industry and Trade and Finance announced.
The Việt Nam National Petroleum Group (Petrolimex) had sold 30 million shares at its subsidiaries.
Fuel prices have been increased from 3pm on Tuesday, according to announcements made by the Ministry of Finance and the Ministry of Industry and Trade (MoIT).
Saigon Petro Co., Ltd has proposed halting the sale of popular 95-octane gasoline A95 and replacing it with E5 bio fuel, facing opposition from experts and customers.
Wholesale petrol traders should make more efforts to raise the market share of bio-fuel E5 in the country, said Deputy Minister of Industry and Trade (MoIT) Đỗ Thắng Hải.
Nghi Sơn Refinery and Petrochemical LLC (NSRP) in Nghi Sơn Economic Zone in Thanh Hóa Province launched its first shipment of refined product, GASOLINE RON 92 (MOGAS92), on May 1.
The prices of all kinds of fuel increased as from 15:00 of April 7 following a joint decision of the Ministry of Finance and Ministry of Industry and Trade.
Saigon Petro has proposed to bring petrol A92 back to the market when the consumption of E5 bio-fuel is low and it is not meeting the target of environmental protection.
Nghi Sơn Refinery and Petrochemical Limited Liability Company on Wednesday received the Ready For Start Up (RFSU) certificate for its Nghi Sơn Refinery and Petrochemical Complex Project (NSRP project).