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Prices of oil, petrol remain unchanged in latest adjustment

The prices of oil and petrol were kept unchanged following the latest adjustment by the Ministry of Industry and Trade and the Ministry of Finance on July 7.
Prices of oil, petrol remain unchanged in latest adjustment ảnh 1Motorcyclists have their vehicles refuelled at a gas station (Source: VNA)

Hanoi (VNA) - The prices of oil andpetrol were kept unchanged following the latest adjustment by the Ministryof Industry and Trade and the Ministry of Finance on July 7.  

The two ministries review fuel prices every 15 days to adjust the prices inaccordance with fluctuations on the world market.

The ceiling price for E5 Ron92 and Ron95-III aremaintained at 19,611 VND per litre and 21,177 VND per litre, respectively. Meanwhilethat for diesel oil 0.05S stands at 17,455 VND per litre, down 5 VND per litre.

The prices of kerosene and fuel oil (FO) 180CTS3.5S are not more than 16,243 VND per litre and 14,756 VND per litre, up 189VND and 319 VND per litre, respectively.  

The global price for RON92, which is the basefor the production of E5 petrol, stood at 80.935 USD per barrel in the 15-dayperiod prior to July 7. 

RON95 was sold at 82.761 USD per barrel, diesel0.05S 86.297 USD per barrel, kerosene 87.370 USD per barrel, and FO 180CST 3.5S459.223 USD per tonne.

The petrol price stabilisation fund has beenused constantly and at a high level over the past time, particularly for petrolproducts, to mitigate the impacts of global rising commercial oil and petrolprices and contribute to curbing inflation.

This time, subsidies for E5 RON92 are 922 VNDper litre (previously 870 VND per litre) and 161 VND per litre for RON95(previously 198 VND per litre).-VNA
VNA
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