Fuel prices rise from April 7
The prices of all kinds of fuel increased as from 15:00 of April 7 following a joint decision of the Ministry of Finance and Ministry of Industry and Trade.
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Specifically, the price of E5 RON92 petrol rise by VND592 per litre, while that of diesel increased by VND638 per litre and kerosene up VND521 per litre.
After adjusted, the prices of E5 are not higher than VND18,932 per litre, and those of diesel 0.05S and kerosene should not be higher than VND16,354 per litre and VND15,081 per litre, respectively.
The ministries of Industry and Trade and Finance review fuel prices every 15 days to adjust the prices in accordance with fluctuations on the world market.
During the past 15 days, the world price of RON 92 petrol, which is used to produce E5 fuel, averaged US$76.963 per barrel, up over US$3.7 over the level in the previous review period. The prices of diesel oil also went up US$4.1 per barrel, prompting the adjustment.
The petrol and oil prices were kept unchanged in the previous two reviews.
