Fuel prices pick up in latest review
The retail prices of oil and petrol were revised up starting from 3pm on December 25 after going down in the two consecutive reviews by the Ministry of Industry and Trade and the Ministry of Finance.
According to the ministries’ latest review, the retail price of E5 RON92 bio-fuel increased VND470 to VND22,550 (US$0.99) per litre while that of RON95 was also up VND490 to VND23,290 per litre.
Kerosene is now sold at VND16,510 per litre, up VND190, and diesel at VND17,570 per litre, up VND240. Meanwhile, the price of mazut remained at VND15,740 per kg.
The two ministries review fuel prices every 15 days to adjust the prices in accordance with fluctuations on the world market.