Petrol prices increased by over VND300 per litre
The ministries of industry and trade and finance decided to raise retail petrol prices as of 3 p.m on July 20.
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The retail price of RON 92 increased by VND357 to trade at a maximum of VND16,426 (US$0.72) per litre. The price of E5 bio-fuel rose by VND333 to trade at the ceiling price of VND16,251 (US$0.71) per litre.
Diesel 0.05S will be sold at the maximum price of VND13,329 (US$0.58) per litre and kerosene at VND11,936 (US$0.52) per litre.
The average global price of RON 92 during 15 days to July 20 was US$57,856 per barrel while that of diesel 0.05S was US$59,918 per barrel.
