Petrol prices remain unchanged in regular price adjustment
The prices of RON 92 petrol and bio-fuel E5 remained unchanged while diesel price 0.05S increased slightly in the first regular adjustment of petrol prices in 2017 as from 4:00 pm on January 4.
Hanoi (VNA) - The prices of RON 92petrol and bio-fuel E5 remained unchanged while diesel price 0.05S increasedslightly in the first regular adjustment of petrol prices in 2017 as from 4:00pm on January 4.
Following a joint decision by the Ministry ofIndustry and Trade and the Ministry of Finance, the prices of diesel 0.05S andkerosene increased 324 VND and 310 VND per litre, respectively.
The prices of petrol and oil are adjusted every 15 days dependingon changes in the world market. In 2016, petrol price was raised 13 times,bringing the prices up by a total 6,000 VND (0.264 USD) per litre, and reduced ninetimes with a total amount of 4,463 VND (0.196USD) per litre.
As a result, the current petrol price is 1,000VND higher than that at the beginning of 2016.
RON 92 and E5 petrol is now sold at no more than17,594 VND (0.774 USD) and 17,322 VND (0.762 USD) per litre respectively, whilecurrent ceiling prices of diesel 0.05S and kerosene are 13,757 VND (0.605 USD)and 12,253 VND (0.539 USD) per litre.
According to the ministries, the average globalprices of RON 92 during the last 15 days to January 4 went up 3 USD perbarrel to 66.537 USD per barrel, whilstthat of diesel 0.05S rose by 2 USD per barrel to 64.493 USD per barrel.-VNA
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Scene at a petrol station (Photo: VNA) 
