Petrol prices rise in latest adjustment

• Petrol prices rise by over VND380 in final review of the year
• Petrol prices see sharp rise for fourth consecutive review

The retail price of E5RON92 bio-fuel rose 691 VND to 17,722 VND (0.77 USD) per litre at a maximum and that of RON 95 increased over 797 VND to 18,881 VND per litre.

Illustrative image (Photo: VNA)

Diesel 0.05S and kerosene, meanwhile, are now no more than 14,401 VND and 13,173 VND per litre, up by 558 VND and 563 VND, respectively.

According to the two ministries, the prices of petrol and oil in the global market have been rising strongly for 15 days, hence the upward adjustment.

The two ministries review fuel prices every 15 days to ensure domestic prices are in keeping with the global market.