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Petrol prices stable, oil prices increase slightly

Jan 5th at 20:53
05-01-2018 20:53:21+07:00

Petrol prices stable, oil prices increase slightly

The price of bio-fuel E5 was kept unchanged while diesel 0.05S and kerosene increased slightly by VND360 and VND495 per litre, respectively, in the latest regular adjustment of petrol and oil prices as of 3pm on Thursday.

 

The ministries of industry and trade and finance announced that the price of E5 is not higher than VND18,243 per litre and diesel 0.05S and kerosene should not be higher than VND15,529 per litre and VND14,112 per litre, respectively.

This is the first time petrol and oil prices were adjusted in 2018.

The two ministries conduct a review of fuel prices every 15 days to adjust prices in accordance with fluctuations on the world market.

In 2017, petrol and oil prices were adjusted 24 times, including nine hikes and nine drops.

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