Accordingly, the average price of finished gas on the Singapore market in the new cycle is $ 79.79 / barrel $ 92 million over the previous cycle … Meanwhile, 95 RON is $ 81.46 per barrel. As such, the world price of gasoline continues to fall.
Today in the afternoon, gas prices may continue to fall sharply. Photo of Hoang Le.
In the previous adjustment period, the Ministry of Finance decided to set up a Petrol Price Stabilization Fund at a rate of 0 dong / liter of gas E5 RON92; at 300 VND per liter of RON 95 gasoline, diesel, kerosene; At 300 VND / kg of oil lubricant.
At the same time, the consumption of the price stabilization fund Petrol is as follows: Petrol E5 RON92 1,213 VND / liter; Petrol RON95 600 VND / liter; Diesel 634 VND / liter; Kerosene is 722 VND / liter; Mazur oil 653 VND / kg. Once the fund is established and benefits stabilize, fuel prices are slightly adjusted, oil prices remain unchanged.
Namely, the price of petrol E5 RON92 was reduced by 224 VND / liter; Benzin RON95-III decreased by 144 VND / liter. Diesel, kerosene and oil oil maintain stable prices.
After adjustment, the price of E5 RON92 gasoline is not greater than VDD20.682 per liter; Gasoline RON 95 is not higher than VND 22,203 / liter; Diesel not more than 18.611 VND / liter; Kerosene is not greater than 17.086 VND / liter; The lubricating oil is not greater than 15,694 VND / kg.
Singapore gasoline prices are updated on the Ministry of Industry and Trade website. Screen.
The finance ministry also said that by the end of the third quarter the balance of the petrol fund would be at 3.039 billion euros. According to this agency, the total allowance of funds in the fourth quarter amounted to US $ 1.264 billion, and the use amounted to RSD 2.042 billion.
Since the beginning of the year, the state of the fund has continuously decreased due to the fluctuation of this item that the regulator often has to use the fund to stabilize prices. Before the end of 2017, the balance of the fund was more than RSD 5.100 billion. Thus, compared to the end of 2017, the state of resources decreased by 2.066 billion, which is equivalent to a reduction of 40%.
Since the beginning of the year, gas prices have passed 20 corrective sessions, of which six times the increase, 2 times the reduction and 12 times stable. All in all, gasoline prices rose by 1000 liters in comparison to the beginning of the year.