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

Beer production at Sabeco

Thai Group still considers Sabeco share purchase

Vietnam Beverage, a subsidiary of Thai Beverage Public Company Limited (ThaiBev), is still considering share purchase of Saigon Beer, Alcohol and Beverage Corporation (Sabeco) and will make the final decision on December 17.



Garment, textile obtain highest trade surplus value in export items

After the US withdrew from the talks on Trans-Pacific Partnership (TPP), Vietnam’s garment and textile export met with difficulties in the first two quarters this year. However the industry has posted the record high trade surplus value taking the lead in export items.

Self - introduction

Stock market

Shares rise amid growing caution

Shares extended gains on November 23 but caution appeared among investors after the VN-Index hit its decade-high.