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Petrol prices adjusted up after four consecutive reductions

2019-10-03 10:57:40 Release

Petrol prices adjusted up after four consecutive reductions 

NDO/VNA - The retail prices of petrol have been adjusted up as from 18:00 on October 1. 

  

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The Ministry of Industry and Trade and the Ministry of Finance review fuel prices every 15 days to adjust domestic prices in accordance with fluctuations in the global market. 

Specifically, the price of E5 RON92 was up VND 666 to VND 19,780 per litre at the highest, and the price of RON95-III also rose by VND 923 to VND 21,066 per litre. 

Meanwhile, the prices of diesel 0.05S and kerosene are capped at VND 16,638 and VND 15,786 per litre, up VND 438 and VND 424 per litre, respectively. Mazut 180CST 3.5S is sold at no more than VND 14,919 per kilogramme, up VND 829 per kg. 

This is the first increase after four consecutive times the petrol prices had been reduced since July 17. According to the two ministries, the average prices of petrol and oil in the world market had saw strong increases in the 15-day period before the latest price review.