Viet Reader.


Premier Newspaper for Vietnamese Worldwide

Petrol costs right now on August 16: Persevering with to plunge with out braking

Tuesday, August 16, 2022 08:17

In right now’s buying and selling session, world oil costs and home gasoline costs each fell sharply right now.

Gasoline costs right now on this planet

Within the buying and selling session on August 16, in response to Vietnam time, Vietnam time, on the New York Mercantile Change, the worth of WTI mild candy crude oil delivered in September 2022 stood at USD 87.77/barrel, down 1. 08 USD/barrel in session. In comparison with the identical time on August 15, the worth of WTI oil delivered in October 2022 has decreased by 3.28 USD/barrel.

The value of Brent oil for October supply stood at 94.07 USD/barrel, down 1.03 USD/barrel in the course of the session and down to three.69 USD in comparison with the identical interval on August 15.


It may be seen that the world oil value dropped right now within the context of the Chinese language financial system exhibiting indicators of slowing, elevating considerations concerning the prospect of oil consumption.

Oil costs fell sharply right now because of a stronger greenback due to the expectation that the Fed will proceed a brand new rate of interest hike in September 2022.

Petrol value right now within the nation

Gasoline value right now

On the afternoon of August 1, the Ministry of Business and Commerce – Finance determined to regulate retail gasoline costs each 10 days.

Through the working interval on August 11, the worth of E5 RON 92 gasoline decreased by 900 VND with the utmost retail value of E5 RON 92 gasoline at 23,720 VND / liter, the worth of RON 95 gasoline was adjusted down by 940 VND / liter with the worth. The utmost retail value with E5 RON 92 gasoline is VND 24,660.


Oil value right now

The promoting value of oil additionally fell sharply on this working interval, the worth of diesel oil decreased by 1,000 dong per liter, to 22,900 dong. Kerosene additionally decreased by 1,210 VND, to 23,320 VND per liter. Significantly for mazut oil, the promoting value stays the identical, VND 16,540 per kg as 10 days in the past.

On this adjustment session, the administration company diminished the deduction to the Worth Stabilization Fund by 70-100 dong per liter, kg later than within the earlier working interval. For gasoline E5 RON 92 is 700 VND and RON 95-III is 750 VND. For oil, the chief company deducts 350 dong for diesel, 650 dong for kerosene and 716 dong for gasoline oil per kilogram. This time, the chief company additionally didn’t pay from the Worth Stabilization Fund for all merchandise.​

About author
You should write because you love the shape of stories and sentences and the creation of different words on a page.
View all posts
More on this story