According to the ministries of Finance, and Industry and Trade, from 7:00 pm on Monday, retail prices of RON 92 petrol and E5 bio-fuel increased by 304 VND and 301 VND per litre respectively.

Illustrative image (Source: VNA)

In addition, the prices of diesel 0.05S and paraffin saw respective hike of 163 VND and 244 VND per litre.

This was the 12^th increase in fuel prices so far this year with a total increase of over 5,000 VND per litre. The prices have been dropped 9 times since the start of the year, with the decreases of about 4,463 VND per litre.

The current ceiling prices of RON 92 and E5 bio-fuel are no more than 16,675 VND and 16,552 VND per litre, while the maximum prices of diesel 0.05S and paraffin are kept at 12,672 VND and 11,209 VND per litre.

The average global prices of RON 92 during the last 15 days to December 5 was 58,529 USD per barrel, whilst that of diesel 0.05S was 58,529 USD per barrel.

(Source: VNA)