Domestic retail petrol prices rise to VND28,430 per litre
VOV.VN - The retail price of petrol witnessed an increase of more than VND300/litre as of 3 p.m. on May 4 following the latest adjustments made by the Ministry of Industry and Trade and the Ministry of Finance.
The latest review saw the price of E5 RON92 biofuel rise by VND334 to reach VND27,460/litre, while the price of RON95-III edged up by VND440 per litre to be traded at VND28,430/litre.
Elsewhere, the prices of diesel 0.05S and kerosene were capped at VND25,530/litre and VND23,820/litre, respectively. In addition, Mazut 180CST 3.5S is now to be sold at no more than VND21,560/kilo.
The two ministries also decided to make use of the petrol price stabilisation fund at a rate of VND300/litre for E5 RON 92, VND400/litre for RON 95, and VND100/litre for diesel.
Over the past four months of the year, petrol prices have increased a total of eight times and decreased three times.
The two ministries adjust domestic petrol and oil retail prices every 10 days to ensure they are on a par with global market fluctuations.
