Petrol prices sharply increase

The prices of E5 RON 92 and RON95-III petrol increased by VND 500 and VND 600 per liter as from 3:00 pm on May 23.

Petrol prices sharply increase

Accordingly, retail prices of RON 92 and RON95-III petrol are sold at no more than VND19,940 and VND21,511 per liter.
Meanwhile the prices of diesel 0,05S and kerosene increased VND 587 and VND 523 per liter. Their current ceiling prices are VND17,694 and VND16,440 per liter. The price of mazut is VND 14,437 per kg, an increase of VND678.
The Ministry of Industry & Trade and the Ministry of Finance also decided to keep the use of the price stabilization fund for petroleum. Usage of the fund for E5 RON 92 and RON 95 increased VND1,425 and VND831 per liter; while diesel and kerosene were VND300 and VND200 per liter, and mazut was VND200 per kg.

By NGOC QUANG – Translated by Kim Khanh

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