Petrol prices stable, oil prices slightly increase
The price of bio-fuel E5 was kept unchanged while those of diesel 0.05S and kerosene increased slightly by 360 VND and 495 VND per litre respectively in the latest regular adjustment of petrol and oil prices on January 4.
Hanoi (VNA) – The price of bio-fuelE5 was kept unchanged while those of diesel 0.05S and kerosene increased slightlyby 360 VND and 495 VND per litre respectively in the latest regular adjustmentof petrol and oil prices on January 4.
The Ministries of Industry-Trade and Financeannounced that the prices of E5 are not higher than 18,243 VND per litre, andthose of diesel 0.05S and kerosene should not be higher than 15,529 VND perlitre and 14,112 VND per litre respectively.
The changes took effectat 15:00 on January 4.
This is the first time the petrol and oil priceswere adjusted in 2018.
The Ministry of Industry and Trade and theMinistry of Finance conduct a review of fuel prices every 15 days to adjust theprices in accordance with fluctuations on the world market.
🎶 In 2017, petrol and oil prices were adjusted 24times, including nine hikes and nine drops.-VNA
The retail prices of RON 92 and E5 petrol dropped by 112 VND and 105 VND per litre, respectively, from 16:55 of October 5, according to a joint decision of the ministries of Industry and Trade and Finance.
The Ministry of Industry and Trade and the Ministry of Finance decided to increase the retail price of RON 92 petrol by 434 VND to a maximum of 18,580 VND (0.82 USD) per litre from 3:00pm on November 20.
The prices of RON 92 and E5 petrol and kerosene remained unchanged in the regular price review on December 5 while diesel prices increased slightly by 150 VND per litre as of 3:00 pm the same day.
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Petrol prices stable, oil prices slightly increase (Illustrative image. Source VNA) 
