Petrol price increases VND300-500 a liter

The Ministry of Finance and the Ministry of Industry and Trade yesterday afternoon announced VND300-500 increase in the prices of petrol products since 3 p.m.
 

Petrol price increases VND300-500 a liter from 3 p.m. on February 18th (Photo: SGGP)

Ron 92 gasoline hiked VND504 a liter to VND18,098 while E5 bio blend moved up VND496 a liter to VND17,818.
 
Oil products surged from VND100-300 a liter. Specifically diesel price was up VND283 to VND14,305, kerosene up VND238 to VND12,758 a liter, mazut oil up VND117 to VND11,323 a kilogram.
 
The two ministries also decided to increase the price subsidization fund’s spending by VND300 a liter to keep the mineral and bio gasoline prices stable.
 
That was the first petrol price increase this year. Ron 92 price remained unchanged at VND17,590 a liter while oil products lightened in the three previous changes.
 
In the world market, Ron 92 price averaged US$68,065 a barrel for the last 15 days, diesel was $66,574 a barrel, kerosene $66,105 a barrel and mazut $322,682 a ton.

By Hoang Giang, Dang Tuan – Translated by Hai Mien

Other news

Most view

llustrative photo (Photo: VNA)

Government urges mobilisation of idle gold

The Government Office last week sent a written document to the central bank governor, referring to the mobilisation of idle gold and foreign currency sources from the people.

Banking-finance

Economy

Self - introduction

Stock market

VN Index down on the back of blue chips

Viet Nam’s benchmark VN Index remained fragile on Monday, losing its positive momentum as investors remained cautious over the current market downtrend.