Petrol prices rise past VND25,000 a litre, highest since 2014
Petrol prices rise past VND25,000 a litre, highest since 2014
Retail petrol prices increased by nearly VND1,000 per litre from 3pm on Friday, following the latest adjustment by the Ministry of Industry and Trade and the Ministry of Finance.
This is the third consecutive increase of petrol prices in 2022 and the fourth in a row.
Accordingly, the retail price of RON95 bio-fuel rose by VND962 to a maximum of VND25,322 (US$1.12) per litre, the highest since August 2014, while that of E5RON92 rose VND976 to no more than VND24,571 per litre.
Meanwhile, the prices of diesel 0.05S and kerosene went up by VND962 and VND958 per litre, respectively.