Petrol prices soar by over 1,400 VND per litre

Illustrative photo (Source: VNA)

Hanoi (VNA) - Retail petrol prices increased by more than 1,400 VND per litre from 4 pm on October 26 following the latest adjustment by the Ministry of Industry and Trade and the Ministry of Finance.

The retail price of E5RON92 bio-fuel increased 1,427 VND to a maximum of 23,110 VND (1.02 USD) per litre, while that of RON95-III rose 1,459 VND to no more than 24,338 VND per litre.

The prices of diesel 0.05S and kerosene, meanwhile, went up 1,171 VND and 1,015 VND to 18,716 VND and 17,637 VND per litre, respectively.

The two ministries review fuel prices every 15 days to keep domestic prices in line with the global market.

Gasoline prices in Vietnam have continuously increased over time in line with fluctuations in the global oil prices. They have to date rose by about 6,500 VND per litre compared to the beginning of this year./.

VNA