Hanoi (VNA) – The Ministry of Industryand Trade, and the Ministry of Finance have decided to increase prices of oiland petrol products from 3:00 pm on June 5.
Accordingly, the prices of RON 92 rose by 303VND per litre, E5 bio-petrol by 283 VND per litre, diesel 0.05S by 225 VND perlitre, and kerosene by 326 VND per litre.
This is the third hike in petrol prices in 2017with a total increase of about 1,150 VND per litre.
Petrol priceshave also reduced four times this year with a total decline of around 1,300 VNDper litre.
The ministries said RON 92 is sold at no morethan 17,366 VND per litre, while the ceiling prices of E5 bio-petrol, diesel0.05S and kerosene are 17,154, 13,485 VND, and 12,118 VND, respectively.
The average global price of oil and petrolduring the last 15 days before June 5 was 62.937 USD per barrel for RON 92 and61.856 USD for diesel.-VNA
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Illustrative image (Source: VNA) 
