Business

Retail petrol prices rise in latest adjustment

The Ministry of Finance and the Ministry of Industry and Trade announced the latest fuel price adjustment, effective from 3:00 p.m. on October 2, with most oil and petrol products seeing increases.

A Petrolimex gas station on Tran Hung Dao street, Hanoi (Photo: VNA)
A Petrolimex gas station on Tran Hung Dao street, Hanoi (Photo: VNA)

Hanoi (VNA) - The Ministry of Finance and the Ministry of Industry and Trade announced the latest fuel price adjustment, effective from 3:00 p.m. on October 2, with most oil and petrol products seeing increases.

Accordingly, RON95-III rose by 44 VND, now capped at 20,209 VND per litre, while E5 RON 92 increased by 6 VND to a maximum of VND19,624 per litre.

The price of Diesel 0.05S is set at 19,038 VND per litre at the maximum, up 380 VND.

Meanwhile, the price of kerosene and mazut 180CST 3.5S are capped at 19,005 VND per litre and 15,370 VND per kg, up 377 VND and 161 VND, respectively.

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

Since the beginning of this year, domestic fuel prices have adjusted 41 times. Of these, RON95-III recorded 23 increases and 18 decreases, while diesel saw 21 rises, 19 decreases, and one unchanged./.

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