Illustrative image (Photo: VNA) Hanoi (VNA) - Retail petrol prices increased by nearly 1,000 VND per litre from 3pm on October 11 following the latest adjustment by the Ministry of Industry and Trade and the Ministry of Finance.
The retail price of E5RON92 bio-fuel increased 967 VND to a maximum of 21,683 VND (0.95 USD) per litre, while that of RON95-III rose 934 VND to no more than 22,879 VND per litre.
The prices of diesel 0.05S and kerosene, meanwhile, went up 959 VND and 979 VND to 17,545 VND and 16,622 VND per litre, respectively.
According to the two ministries, the prices of petrol and oil in the global market have been rising in recent times due to the increasing demand as economies around the world are gradually recovering, resulting in the domestic price hike this time.
They review fuel prices every 15 days to keep domestic prices in line with the global market./.
