Home Cambodia Commodities

Revised gas caps see premium, diesel fall

Jul 22nd at 18:16
22-07-2016 18:16:46+07:00

Revised gas caps see premium, diesel fall

The government maintained the price ceiling on regular gasoline, while marginally decreasing caps on premium gasoline and diesel at petrol stations sold across the Kingdom, the Ministry of Commerce announced yesterday.

The new price ceilings, effective July 22 to August 1, are for regular petrol at 3,300 riel per litre, premium at 3,200 riel per litre and diesel at 3,050 riel per litre.

The government revises retail fuel price caps every 10 days using a pricing formula aimed at ensure prices at the pump respond to changes in global oil prices.

Brent crude oil was trading at $47.17 per barrel yesterday, down from 48.47 at the time of the last revision.

phnompenh post

MOST READ

NEWS SAME CATEGORY

Rice brand has yet to stick
COMMODITIES Jul 21st at 14:10

Rice brand has yet to stick

The private sector’s campaign to develop a single recognisable umbrella brand for Cambodia’s premium varieties of fragrant rice looks increasingly tenuous after a...

Car sales sputter on tax hike
COMMODITIES Jul 20th at 10:36

Car sales sputter on tax hike

Authorised dealerships of new cars and trucks have said a recent increase in the specific tax on vehicle imports has put a dent in profits, with some dealers...

Petrol prices trimmed as fuel caps are revised
COMMODITIES Jul 12th at 10:59

Petrol prices trimmed as fuel caps are revised

The Ministry of Commerce yesterday announced it was lowering the price ceiling on gasoline sold at retail petrol stations across the Kingdom between July 12 and 21...

Auto dealers unfazed by recalls
COMMODITIES Jun 30th at 09:23

Auto dealers unfazed by recalls

Local authorised dealers of two major automobile brands said yesterday that newly announced recalls of millions of vehicles by their manufacturers would not have...

Prices at the pump fall on new fuel price caps
COMMODITIES Jun 22nd at 07:48

Prices at the pump fall on new fuel price caps

The Ministry of Commerce yesterday marginally lowered the price caps on fuel sold at retail petrol stations across the Kingdom from June 22 to July 1.

Fuel price caps steady as crude heating up
COMMODITIES Jun 14th at 08:54

Fuel price caps steady as crude heating up

The Ministry of Commerce yesterday announced revised price caps on fuel sold at retail petrol stations throughout the Kingdom from June 12-21, setting a price...

Trading low as gold prices stay stable
COMMODITIES Jun 9th at 11:19

Trading low as gold prices stay stable

Gold retailers continue to enter into the Cambodian market despite a drop in demand in recent months as prices remain stable, according to local retailers.

Rice export data show consistent decline
COMMODITIES Jun 8th at 08:22

Rice export data show consistent decline

Cambodian rice exports have dramatically declined over the past three months compared to the same period last year, according to data released by the General...

Fuel prices steadily increase
COMMODITIES Jun 6th at 13:14

Fuel prices steadily increase

Nearly four months after the Ministry of Commerce implemented a fuel-pricing mechanism that lowered prices at the pump to reflect the fall in the global commodity...

Rice federation to vote for president on July 2
COMMODITIES Jun 2nd at 10:49

Rice federation to vote for president on July 2

With voting set to take place on July 2 to elect the next president of the Cambodian Rice Federation (CRF), the organisation has pledged to further strengthen its...

Read More

MOST READ

Back To Top