Illustrative photo (Photo: VNA)

Hanoi (VNA) - The retail prices of RON 92 petrol and E5 bio-fuel increased by 243 VND and 239 VND per litre, respectively, from 3:00pm on May 20.

Following a joint decision issued by the Ministries of Industry and Trade and Finance, diesel 0.05S price rose by 277 VND per litre while that of kerosene gained 192 VND per litre.

This was the fourth hike in fuel prices this year with a total increase of more than 2,000 VND per litre.

Accordingly, the ceiling prices of RON 92 and E5 bio-fuel are 15,829 VND per litre and 15,315 VND per litre while the maximum prices of diesel and kerosene are kept at 11,300 VND per litre and 9,647 VND per litre.

The average global price of RON 92 from May 5 to May 19 was 54.873 USD per barrel, up 1.2 USD while that of diesel 0.05S was 53.734 USD per barrel, up 1.7 USD, the ministries said.-VNA