Petrol prices unchanged, oil prices fall

VOV.VN - The prices of RON 92 petrol and bio-fuel E5 remained unchanged while those of diesel oil 0.05S and kerosene reduced slightly in the latest regular adjustment of oil and petrol prices on February 3.

This is the third time the petrol price were kept unchanged in 2017. As a result, the current ceiling prices of RON 92 and E5 petrol are VND17,594 VND ( US$0.78) and VND17,322 (US$0.77) per litre respectively, which is VND1,000 higher than those at the beginning of 2016. 

The ministries attributed the decision to keep petrol prices unchanged to the stable average global prices of RON 92 during the last 15 days to January 19.

The prices of petrol and oil are adjusted every 15 days depending on changes in the world market. In 2016, petrol price was raised 13 times with a total increase of VND6,000 VND (US$0.264) per litre, and reduced nine times with a total amount of VND4,463 VND (US$0.196) per litre