The prices of oil and petrol have been kept unchanged after the latest regular adjustment by Ministry of Finance and the Ministry of Industry and Trade on February 15.
Hanoi (VNA) – The prices of oil andpetrol have been kept unchanged after the latest regular adjustment by Ministryof Finance and the Ministry of Industry and Trade on February 15.
The ministries review fuel pricesevery 15 days to adjust prices in accordance with fluctuations on the worldmarket.
Accordingly, the retail price of bio-fuel E5 RON 92 will not be higher than16,272 VND (0.7 USD) per litre, and thatof RON 95 no more than 17,603 VND (0.76 USD).
The ceiling prices of diesel oil and kerosene will be maintained at 14,909 VND( 0.64 USD) and 14,185 VND (0.6 USD) per litre, respectively. The price ofmazut is capped at 13,275 VND (0.57 USD) per kg.
This is the third consecutive time that oil and petrol prices have been keptunchanged in an effort to control the prices in line with market mechanismsunder State management, thus contributing to controlling inflation, stabilisingthe macro economy and reducing production and business costs, and facilitatingpeople’s daily lives. –VNA
The price of E5 bio-petrol has dropped slightly by 394 VND per litre, while that of RON95 fell by 318 VND per litre following an announcement of petrol price adjustments released by the Ministry of Finance and Ministry of Industry and Trade on December 21.
The Vietnam National Petroleum Group (Petrolimex) on January 1 announced decreases in petrol prices following a decision jointly issued by the Ministry of Industry and Trade and the Ministry of Finance.
The retail prices of oil and petrol will be kept unchanged for the next 15 days, the ministries of Finance and Industry and Trade announced on January 16.
The retail prices of oil and petrol will be kept unchanged for the next 15 days, the ministries of Finance and Industry and Trade announced on January 31.
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Illustrative image (Photo: VNA) 
