Business

Petrol prices up in latest adjustment

Accordingly, E5 RON92 petrol is now capped at 19,711 VND (0.75 USD) per litre, up 307 VND from the previous adjustment, while RON95-III petrol costs 20,363 VND per litre, up 452 VND.

Fuel prices rise from 3:00 pm on August 28. (Photo: VNA)
Fuel prices rise from 3:00 pm on August 28. (Photo: VNA)

Hanoi (VNA) – The Ministry of Industry and Trade, and the Ministry of Finance announced increases in retail petrol prices, effective from 3:00 pm on August 28.

Accordingly, E5 RON92 petrol is now capped at 19,711 VND (0.75 USD) per litre, up 307 VND from the previous adjustment, while RON95-III petrol costs 20,363 VND per litre, up 452 VND.

The price of diesel 0.05S was raised by 542 VND to 18,357 VND per litre, and that of kerosene increased by 411 VND to 18,225 VND per litre. Mazut saw a rise of 144 VND, now priced at 15,260 VND per kilogram.

There have been 36 fuel price adjustments since the beginning of this year.

Specifically, RON95-III petrol has experienced 20 price hikes and 16 cuts. Diesel oil price has increased 17 times, decreased 18 times, and remained unchanged once.

In this adjustment, the authorities opted not to use the petrol and oil price stabilisation fund for any of the fuel categories./.

VNA
#fuel #diesel #mazut #petrol prices #Ministry of Industry and Trade #Ministry of Finance
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