Petrol prices increase by VND350 per litre

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SaiGon GP English - 4 month(s) ago 5 readings

The Ministry of Industry and Trade and Ministry of Finance increased prices of all oil and petrol products by VND350 per litre from 3:00pm on April 20.

The Ministry of Industry and Trade and Ministry of Finance increased prices of all oil and petrol products by VND350 per litre from 3:00pm on April 20.

Domestic petrol prices increase VND350 a litter on April 20 (Photo: SGGP)

Following a joint decision by the Ministries, RON 92 and E5 bio-petrol is sold at no more than VND17,583 (US$0.77) and VND17,382 ($0.76) per litre, respectively, while the new ceiling prices of diesel 0.05S and kerosene are VND13,819 ($0.61) and VND12,338 ($0.54) per litre.

The average global price of petrol products during the last 15 days to April 20 was at $66.127 per barrel, up $5 compared with previous price adjustment.

The prices of petrol and oil are adjusted every 15 days by the two ministries depending on changes in the world market.

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