Business

Petrol prices go up in latest adjustment

The retail prices of petrol were revised upward on November 28 afternoon following the latest adjustment by the Ministries of Industry and Trade and Finance.

The retail prices of petrol revised upward on November 28 afternoon (Photo: VNA)
The retail prices of petrol revised upward on November 28 afternoon (Photo: VNA)

Hanoi (VNA) – The retail prices of petrol were revised upward on November 28 afternoon following the latest adjustment by the Ministries of Industry and Trade and Finance.

Specifically, the price of E5RON92 bio-fuel was priced at up to 19,840 VND (0.78 USD) per litre, representing a 497 VND increase from the previous baseline while RON95-III rose to a maximum of 20,857 VND per litre, an increase of 329 VND.

Diesel 0.05S and kerosene were capped at 18,777 VND and 19,142 VND per litre, up 268 VND and 221 VND, respectively.

Meanwhile, mazut oil 180CST 3.5S was priced at 16,125 VND per kilogramme as the highest, up 111 VND.

The two ministries decided not to use the petrol price stabilisation fund for this adjustment.

The regulators said fuel prices were affected by an Israel-Hezbollah ceasefire, an increase in the US’s petrol reserves, and ongoing discussions of the OPEC about delaying oil output hike, among others./.

VNA
#petrol prices #latest adjustment #E5RON92 bio-fuel #Diesel 0.05S #kerosene #petrol price stabilisation fund
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