Petrol prices slightly increase

16:01 | 09/05/2018 Economy- Society

The prices of petrol and oil slightly increased following the regular adjustment of the Ministries of Industry-Trade and Finance on May 8.

The prices of E5 RON 92 bio-petrol rise by 508 VND per liter, and those for RON95 by 411 VND per liter, for diesel oil 0.05S by 373 VND and for kerosene by 336 VND.

After the adjustment, the prices of E5 are not higher than 19,440 VND per liter, and those of RON95 petrol are not higher than 20,911 VND per liter.

Prices of diesel 0.05S and kerosene should not be higher than 17,107 VND per liter and 15,917 VND per liter respectively.

The changes took effect at 15:00 on May 8.

The two ministries said in the world, the prices for RON 92 petrol, which is the base for producing E5 petrol, saw an increase of US$3 per barrel in the 15-day period prior to May 8.

Meanwhile, the cost of ethanol E100 which is used to produce E5 petrol went up by more than 400 VND per liter to 14,916 VND compared to the previous adjustment.

The ministries review fuel prices every 15 days to adjust the prices in accordance with fluctuations on the world market.

Theo VNA