Petro prices remain stable in latest review

The prices of oil and petrol are kept unchanged after the latest regular review by the Ministry of Industry and Trade and the Ministry of Finance on March 23.

Friday, March 23, 2018 15:46

Petro prices remain stable in latest review ảnh 1

The prices of oil and petrol are kept unchanged after the latest regular review by the Ministry of Industry and Trade and the Ministry of Finance on March 23 (Photo: VNA)

Hanoi (VNA) - The prices of oil and petrol are kept unchanged afterthe latest regular review by the Ministry of Industry and Trade and theMinistry of Finance on March 23.

The ceiling pricesof E5 are not higher than 18,340 VND per litre, and those of diesel 0.05S andkerosene should not be higher than 15,716 VND per litre and 14,560 VND perlitre, respectively.

Meanwhile,the two ministries also decided to maintain the price stabilisation fund for E5bio-fuel at 669 VND per litre while the use of the fund for diesel was 177 VNDper litre.

The average global price of petrolproducts during the last 15 days to March 23 was at 73.253 USD per barrel forRON 92 and 77.066 USD for diesel.

The cost of ethanol E100 which isused to produce E5 petrol has gone up by almost 1,200 VND per litre compared toone year ago.

Theministries of Industry and Trade and Finance review fuel prices every 15 daysto adjust the prices in accordance with fluctuations on the world market.-VNA

VNA

#oil and petrol prices #March 23 #Ministry of Industry and Trade and the Ministry of Finance #price stabilisation fund #E5 bio-fuel #diesel 0.05S #kerosene #vietnamplus #Vietnam News Agency

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