Petrol prices up nearly VND700 per litre

08:06, 05/06/2016

The retail prices of RON 92 petrol and E5 bio-fuel increased by VND680 and VND668 per litre, respectively, as of 3:00pm on June 4.

 

The retail prices of RON 92 petrol and E5 bio-fuel increased by VND680 and VND668 per litre, respectively, as of 3:00pm on June 4.

Illustration photo
Illustration photo

Following a joint decision issued by the Ministries of Industry and Trade and Finance, the price of diesel 0.05S rose by VND608 per litre while that of kerosene rose byVND650 per litre.

This has been the fifth hike in fuel prices so far this year with a total increase of more than VND2,700 per litre.

Accordingly, the ceiling prices of RON 92 and E5 bio-fuel are VND16,509 per litre andVND15,983 per litre while the maximum prices of diesel and kerosene are to be kept atVND11,908 per litre and VND10,297 per litre.

The average global price of RON 92 throughout 15 days until June 4 was US$58.111 per barrel, up US$3.2 while that of diesel 0.05S was US$57.405 per barrel, up US$3.6, the ministries said.

(Source:VNA)