Logo of Phnom Penh Post newspaper Phnom Penh Post - Gasoline prices to fall

Gasoline prices to fall

Content image - Phnom Penh Post
Regular petrol sells for 3,450 riel per litre, while diesel costs 3,150 riel per litre. Post Pix

Gasoline prices to fall

Petrol and diesel prices will continue to decrease this year in Cambodia due to global tensions, Ministry of Commerce spokesman Seang Thay said.

Thay said the price of the fuel in petrol stations will not exceed 3,610 riel ($0.90) per litre in 2020, while the price of diesel will not rise over 3,343 riel.

“I am optimistic that the price of petrol will continue to decrease in March because of global tensions,” he said.

An employee at a Caltex petrol station on National Road 2 said: “The retail price of petrol has been gradually decreasing in the last few weeks.”

Regular petrol sells for 3,450 riel per litre, while diesel costs 3,150 riel per litre, he said.

International oil prices fell on Wednesday after major producers in Saudi Arabia and the United Arab Emirates vowed to boost production, according to a Market Insider report on Thursday.

Brent crude fell 3.6 per cent to $35.87 per barrel at 8:40am in New York, while West Texas Intermediate crude slipped 3.7 per cent to $33.08 per barrel. Oil prices gained as much as 11 per cent on Tuesday following a sharp drop a day earlier, Market Insider said.

There are 4,000 petrol stations in Cambodia, but only 700 are approved by the Ministry of Mines and Energy.

KrisEnergy Ltd is expected to extract the first drop of oil from Cambodia this year. The Singapore-based company is drilling in Block A, and offshore location in the Khmer Basin’s Apsara oilfield.


  • Municipal hall releases map detailing colour coded Covid risks by commune

    Phnom Penh municipal governor Khuong Sreng released an official map detailing the red, yellow and dark yellow zones within the city under the new lockdown orders for Phnom Penh announced on April 26. The designation of red, dark yellow and yellow corresponds to areas with high,

  • Inter-provincial travel ban lifted; Phnom Penh and Takmao not exempted

    The government on April 25 decided to lift the inter-provincial travel ban and the closure of tourist attractions across the country, effectively immediately. The travel ban and closures of all resorts were imposed on April 6 and 17 respectively in a bid to curb the spread of Covid-19,

  • Phnom Penh, Takmao lockdown extended for another week

    The government late on April 26 announced an extension of lockdown in Phnom Penh and adjacent Takmao town in Kandal province for another seven days – or longer if residents do not comply with Covid-19 preventive measures and the community outbreak does not subside – until May 5. According

  • Gov't mulls extension of Phnom Penh, Takmao lockdown

    The Inter-ministerial National Commission for the Control and Enforcement of Lockdown held a video conference meeting on April 25 to review a draft document on the extension of lockdown in Phnom Penh and adjacent Kandal province’s Takmao town. The meeting was chaired by Minister of

  • Phnom Penh unveils rules for post-lockdown transition

    The Phnom Penh Municipal Administration issued a set of detailed guidelines for the seven days to May 12 after the capital emerges from lockdown at the onset of May 6. In the 14-page document signed by municipal governor Khuong Sreng released on the evening of May 5, the

  • Gov’t issues guidelines as lockdown nears end

    The government has issued a five-page set of instructions to be enforced when the three-week lockdown of Phnom Penh and adjacent Takmao town in Kandal province ends on May 6. According to an announcement signed by Prime Minister Hun Sen on May 4, the instructions cover a