The Ministry of Industry and Trade (MoIT) and the Ministry of Finance (MoF) announced the adjustment of petrol prices to be over 850 VND higher per litre at 3pm on July 12.
Accordingly, the price of bio-fuel E5 RON 92 is 20,610 VND per litre, an increase of 850 VND; and that of RON95-III, 21,783 VND, a rise of 867 VND per litre. The price per litre of diesel 0.05S is 16,537 VND, up 418 VND.
Meanwhile, the prices of kerosene and mazut are 15,503 VND per litre and 15,670 VND per kg, increasing 452 VND and 221 VND, respectively.
According to the two ministries, the prices of petrol and oil in the global market had been fluctuating, mostly increases, for the past 15 days.
Announcements regarding fuel price changes are scheduled every 15 days to keep up with swings in the global market.
Source: Vietnam News Agency