The retail prices of oil and petrol will be kept unchanged for the next 15 days, the ministries of Finance and Industry and Trade announced on January 16.
Hanoi (VNA) ꦡ– The retail prices of oil and petrol will be kept unchanged forthe next 15 days, the ministries of Finance and Industry and Trade announced onJanuary 16.
The two ministries reviewed fuelprices every 15 days to keep domestic prices up with swingsin the global market. Accordingly, the retail price of bio-fuel E5 RON 92 will not be higher than 16,272 VND(0.7 USD) per litre, and that of RON 95 not more than 17,603 VND (0.76 USD). The ceiling prices of diesel and kerosene will be maintained at 14,909VND and 14,185 VND per litre, respectively. The price of mazut is capped at13,275 VND per kilo. Withthis announcement, the falling trend in petrol price has stopped after sixconsecutive downward adjustments. At this level, the petrol price is still2,500 VND lower than the price at the beginning of 2018. According to the Ministry of Industry and Trade (MoIT), global oil andpetrol prices have risen by more than 9 percent during the 15 days beforeJanuary 16.-VNA
The price of E5 bio-petrol has dropped by 1,446 VND per litre, while that of RON95 fell 1,513 VND per litre following an announcement of petrol price adjustments released by the Ministry of Finance and Ministry of Industry and Trade on December 6.
The price of E5 bio-petrol has dropped slightly by 394 VND per litre, while that of RON95 fell by 318 VND per litre following an announcement of petrol price adjustments released by the Ministry of Finance and Ministry of Industry and Trade on December 21.
The Vietnam National Petroleum Group (Petrolimex) on January 1 announced decreases in petrol prices following a decision jointly issued by the Ministry of Industry and Trade and the Ministry of Finance.
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Illustrative image (Source: VNA) 
