Retail prices of oil and petrol recorded the third consecutive increase from 3pm on November 1, following the latest adjustment by the Ministries of Industry and Trade, and Finance.
Hanoi (VNA) – Retail pricesof oil and petrol recorded the third consecutive increase from 3pm on November1, following the latest adjustment by the Ministries of Industry and Trade, andFinance.
Accordingly, the retail price of E5 RON92 rose by 380 VND to21,870 VND (0.88 USD) per litre, and that of RON95 bio-fuel climbed to 22,750VND per litre, up 410 VND.
Meanwhile, diesel 0.05S and kerosene are now sold at 25,070VND and 23,780 VND per litre, up 290 VND and 120 VND, respectively.
The price of Mazut increased by 190 VND to 13,890 VND perkilo.
The two ministries also decided to extract 200-400 VND per litre, and 500 VND perlitre from petrol and mazut prices for the petrol price stabilisation fund./.
Retail prices of oil and petrol increased starting from 3pm on October 11, following the latest adjustment by the Ministry of Industry and Trade, and the Ministry of Finance.
The Ministry of Industry and Trade (MoIT) will ask the Government to adjust costs on petrol trading for businesses to help them avoid losses, said Deputy Minister Do Thang Hai.
The Ministry of Industry and Trade (MoIT) asked the Ministry of Finance (MoF) and the State Bank of Vietnam (SBV) to review and adjust the cost of importing petrol and oil, standard business costs and profit based on trading realities.
Retail prices of oil and petrol increased starting from 3pm on October 21, following the latest adjustment by the Ministry of Industry and Trade, and the Ministry of Finance.
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Illustrative image (Photo: VNA) 
