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.
Illustrative image (Source: VNA)
Illustrative image (Source: VNA)

Specifically, the price of E5 RON92 petrol rise by 592 VND per litre, while that of diesel increased by 638 VND per litre and kerosene up 521 VND per litre.

After adjusted, the prices of E5 are not higher than 18,932 VND per litre, and those of diesel 0.05S and kerosene should not be higher than 16,354 VND per litre and 15,081 VND 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 76.963 USD per barrel, up over 3.7 USD over the level in the previous review period. The prices of diesel oil also went up 4.1 USD per barrel, prompting the adjustment.

The petrol and oil prices were kept unchanged in the previous two reviews.