The local fuel oil prices became higher on 20 August and the 92 Ron was priced at K2,400 per litre in Yangon Region, according to the statement of the Supervisory Committee on Import, Storage and Distribution of Fuel Oil.
Similarly, it was over K2,400 per litre of 92 Ron in Mandalay, Nay Pyi Taw, Bago, Magway, Dawei, Monywa, Pathein, Hpa-An, Mawlamyine, Lashio, Taunggyi and Loikaw while it was over K2,500 in Myitkyina and Sittway, K2,700 in Haka and K2,900 in Kengtung, respectively.
According to the reference prices of the committee, retail prices of the fuel oil were K2,400 per litre of 92 Ron, K2,400 per litre of 95 Ron and K2,490 per litre of HSD (500 ppm) in Yangon yesterday. It was K2,895 per litre of HSD (50 ppm) and HSD (10 ppm).
Moreover, the wholesale prices were set at K2,292 per litre of 92 Ron, K2,376 per litre of 95 Ron, and K2,697 per litre of HSD (500 ppm) and K2,771 per litre of HSD (50 ppm) and HSD (10 ppm). The committee sets the prices based on the MOPS’ prices and the consumers can report to the committee if they are not satisfied with the operations.
Source: The Global New Light of Myanmar