Petrol prices stable, oil prices slightly increase
The price of bio-fuel E5 was kept unchanged while those of diesel 0.05S and kerosene increased slightly by 360 VND and 495 VND per litre respectively in the latest regular adjustment of petrol and oil prices on January 4.
Petrol prices stable, oil prices slightly increase (Illustrative image. Source VNA)Hanoi (VNA) – The price of bio-fuel E5 was kept unchanged while those of diesel 0.05S and kerosene increased slightly by 360 VND and 495 VND per litre respectively in the latest regular adjustment of petrol and oil prices on January 4.
The Ministries of Industry-Trade and Finance announced that the prices of E5 are not higher than 18,243 VND per litre, and those of diesel 0.05S and kerosene should not be higher than 15,529 VND per litre and 14,112 VND per litre respectively.
The changes took effect
at 15:00 on January 4.
This is the first time the petrol and oil prices
were adjusted in 2018.
The Ministry of Industry and Trade and the
Ministry of Finance conduct a review of fuel prices every 15 days to adjust the
prices in accordance with fluctuations on the world market.
In 2017, petrol and oil prices were adjusted 24
times, including nine hikes and nine drops.-VNA
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