Petrol prices slightly increase
The prices of petrol and oil slightly increased following the regular adjustment of the Ministries of Industry-Trade and Finance on May 8.
The prices of E5 RON 92 bio-petrol rise by VND508 per litre, and those for RON95 by VND411 per litre, for diesel oil 0.05S by VND373 and for kerosene by VND336.
After the adjustment, the prices of E5 are not higher than VND19,440 per litre, and those of RON95 petrol are not higher than VND20,911 per litre.
Prices of diesel 0.05S and kerosene should not be higher than VND17,107 per litre and VND15,917 per litre respectively.
The changes took effect at 15:00 on May 8.
The two ministries said in the world, the prices for RON 92 petrol, which is the base for producing E5 petrol, saw an increase of US$3 per barrel in the 15-day period prior to May 8.
Meanwhile, the cost of ethanol E100 which is used to produce E5 petrol went up by more than VND400 per litre to VND14,916 compared to the previous adjustment.
The ministries review fuel prices every 15 days to adjust the prices in accordance with fluctuations on the world market.