Logo of Phnom Penh Post newspaper Phnom Penh Post - Revised gas caps see premium, diesel fall

Revised gas caps see premium, diesel fall

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.

MOST VIEWED

  • New US bill ‘is a violation of Cambodian independence’

    After a US congressmen introduced bipartisan legislation that will enact sanctions on Cambodian officials responsible for “undermining democracy” in the Kingdom, government officials and the ruling Cambodian People’s Party on Sunday said they regarded the potential action as the “violation of independence and sovereignty

  • Long way to go before Cambodia gets a ‘smart city’

    Phnom Penh, Siem Reap and Battambang will struggle to attain smart city status without adopting far reaching master plans, according to officials tasked with implementing the program. The brainchild of the Association of Southeast Asian Nations (Asean), the smart city program seeks to link up

  • Ministry’s plan for net sparks fears

    The government has ordered all domestic and international internet traffic in the Kingdom to pass through a Data Management Centre (DMC) that has been newly created by the state-owned Telecom Cambodia, in a move some have claimed is an attempt to censor government critics. Spokesman

  • China-Cambodia tourism forum held

    The Cambodian tourism sector must be prepared to welcome a growing number of Chinese tourists, as they lead the globe in the number of outbound travellers and were responsible for the most visitors to the Kingdom last year, the country’s tourism minister said on