Petrol prices up in latest adjustment

Retail prices of oil and petrol increased starting from 3pm on October 11, following the latest adjustment by the Ministry of Industry and Trade, and the Ministry of Finance.

Accordingly, the ceiling retail price of E5 RON92 rose by 560 VND (0.02 USD) to 21,290 VND per litre, and that of RON95 bio-fuel went up 560 VND to 22,000 per litre.

The prices of oils were also revised up, with that of diesel oil up by 1,960 VND to 24,160 VND per litre, and that of kerosene up by 1,140 VND to 22,820 VND per litre. Mazut oil’s price was kept unchanged, at 14,909 VND per kg.

The two ministries also determined to extract 200-400 VND per litre from petrol price for the petrol price stabilisation fund.