The price of bio-fuel E5 increased by 300 VND per litre, while that of diesel 0.05S increased slightly by 383 VND per litre during the latest regular adjustment of petrol and oil prices on September 6.
A staff sells fuel for a customer at a Petrolimex filling station (Photo: VNA)
Hanoi (VNA) - The price of bio-fuel E5 increased by 300 VND per litre, while thatof diesel 0.05S increased slightly by 383 VND per litre during the latestregular adjustment of petrol and oil prices on September 6.
The Ministry of Industry and Trade (MoIT) and the Ministry ofFinance (MoF) announced that the prices of E5 are not higher than 19,911 VNDper litre, and those of diesel 0.05S should not be higher than 18,069 VND per litre.
Theprices of 180CTS kerosene and 3.5S fuel oil (FO) are not more than 16,559 VNDper litre and 14,916 VND per litre, up 296 VND and 173 VND per kilogramme,respectively.
Meanwhile, the cost of ethanol E100 which isused to produce E5 petrol stood at 14,874 VND per litre before tax.
The changes tookeffect from 3pm on September 6.
The MoIT and MoF co-reviewfuel prices every 15 days to adjust prices in accordance with fluctuations onthe world market.
Accordingto the MoIT, global prices of petrol and oil have increased sharply of late. Theprice for RON92, which is the base for the production of E5 petrol, stood at85.005 USD per barrel in the 15-day period prior to September 6, up by 3.220USD.
Additionally,RON95 was sold at 87.258 USD per barrel, up 2.926 USD. The price of diesel0.05S also went up to 91.328 USD per barrel, while those of kerosene and FO180CST 3.5S rose to 89.954 USD per barrel and 451.279 USD per tonne,respectively.
The petrol price stabilisationfund has been used constantly in recent times to mitigate the impact of risingglobal prices and contribute to curbing inflation.
Thistime, subsidies for E5 RON92 are 1,563 VND per litre (previously 1,272 VND perlitre), 960 VND per litre for RON95 (previously 697 VND per litre), as well as400 VND per litre for diesel and 300 VND per litre for kerosene, which receivedno subsidy in the previous adjustment. –VNA
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A staff sells fuel for a customer at a Petrolimex filling station (Photo: VNA) 
