​A motorist has her vehicle's tank filled. (Source: VNA) 

Hanoi (VNA) - The prices of RON 92 petrol and bio-fuel E5 rose 156 VND and 145 VND per litre respectively from 3:00 pm on September 20. A motorist is having his vehicle's tank filled (Source: VNA)

Following a joint decision by the Ministry of Industry and Trade and the Ministry of Finance, the prices of diesel 0.05S and kerosene decreased 133 VND and 99 VND per litre, respectively.

It was the third fuel price hike after four consecutive falls in recent times, with a total increase of nearly 1,600 VND ( 0.072 USD) per litre.

It also marked the 18 th adjustment this year, with eight increases, totally by 4,300 VND (0.193 USD) per litre; eight falls, totally by 4,463 VND (0.2 USD) per litre; and two times unchanged.

Under the joint decision, RON 92 and E5 are sold at no more than 16,232 VND (0.73 USD) and 15,981 VND (0.72 USD) per litre, while the ceiling prices of diesel and kerosene are 12,255 VND (0.55 USD) and 10,886 VND (0.49 USD) per litre.

The ministries said the global price of fuel during the last 15 days to September 20 was 55.547 USD per barrel, up 0.8 USD per barrel, while that of diesel 0.05S was 54.694 USD per barrel, dropping by approximately 1 USD per barrel.

The two ministries also decided to keep retailers’ contribution to the Petroleum Price Stabilisation Fund unchanged and give them a subsidy of 300 VND per litre for RON 92 and E5 from the fund.-VNA