The prices of oil and petrol have been kept unchanged after the latest regular adjustment by Ministry of Finance and the Ministry of Industry and Trade on February 15.
The ministries review fuel prices every 15 days to adjust prices in accordance with fluctuations on the world market.
Accordingly, the retail price of bio-fuel E5 RON 92 will not be higher than 16,272 VND (0.7 USD) per litre, and that of RON 95 no more than 17,603 VND (0.76 USD).
The ceiling prices of diesel oil and kerosene will be maintained at 14,909 VND ( 0.64 USD) and 14,185 VND (0.6 USD) per litre, respectively. The price of mazut is capped at 13,275 VND (0.57 USD) per kg.
This is the third consecutive time that oil and petrol prices have been kept unchanged in an effort to control the prices in line with market mechanisms under State management, thus contributing to controlling inflation, stabilising the macro economy and reducing production and business costs, and facilitating people’s daily lives.VNA