The Ministry of Industry and Trade, and the Ministry of Finance, decided to increase the retail prices of petrol products at 3:00pm on Thursday.

The ceiling retail petrol prices were revised up by the Ministry of Industry and Trade and the Ministry of Finance on Thursday.

Specifically, E5RON92 is being sold at the price of VND23,625 per litre, an increase of VND406, while the price of RON95-III was adjusted to VND24,816 per litre, up VND532.

Meanwhile, the price of diesel oil decreased VND321 to VND20,693 per litre, and that of kerosene reduced VND387 to VND20,879 per litre. Meanwhile, mazut is now sold at VND17,145 per kilogramme, VND46 per kg higher than the current price.

Since the beginning of the year, domestic fuel prices have seen 14 adjustments, with 8 up and 6 down.

Reporting by CHIEN THANG - Translating by M.DUNG