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Petrol prices go up in latest adjustment

By DA NANG Today / DA NANG Today
May 22, 2023, 19:03 [GMT+7]

On Monday afternoon, the Inter-Ministry of Industry and Trade - Finance revised the retail prices of petrol and oil up by VND350-490 per litre.

Gasoline prices increased again after 2 consecutive price reductions. Photo: WINNER
Gasoline prices increased again after 2 consecutive price reductions. Photo: WINNER

Specifically, the price of RON 95 increased by VND490 to VND21,490 per litre, whilst that of E5 RON 92 petrol went up VND350 to VND20,480 per litre.

Similarly, the prices of oil products also were revised up in the latest adjustment.

Diesel oil rose by VND300 to VND17.950 per litre, while mazut increased by VND290 to VND15,150 per kg.

Meanwhile, the retail price of kerosene decreased by VND10 to VND17.960 per litre.

Since the beginning of this year, petrol prices have been revised up eight times, down six times and kept unchanged once.

At this price adjustment, the two ministries decided to extract VND300 per litre from all the fuels for the petrol price stabilisation fund.

Reporting by CHIEN THANG - Translating by M.DUNG

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