Petrol prices down slightly, those of oil unchanged

Petrol prices decreased slightly, while those of oil remained unchanged after the latest adjustment of the Ministry of Industry and Trade and the Ministry of Finance on October 22.

Monday, October 22, 2018 16:23

Petrol prices down slightly, those of oil unchanged ảnh 1

Petrol prices decreased slightly on October 22 (Source: VNA)

Hanoi (VNA) – Petrol prices decreased slightly, while those of oilremained unchanged after the latest adjustment of the Ministry of Industry andTrade and the Ministry of Finance on October 22.

Specifically, prices of bio-fuel E5 petrol dropped by 224VND per litre, and RON95 by 144 VND a litre. Those of diesel 0.05S, keroseneand mazut were kept unchanged compared with the previous adjustment.

The prices of E5 are not higher than 20,682 VND per litre,RON95 not higher than 22,203 VND per litre, and diesel 0.05S not higher than18,611 VND per litre.

The ceiling prices of kerosene and mazut are capped at17,086 VND per litre and 15,694 VND a litre, respectively.

From July 7 to September 9, petrol prices were keptunchanged, while those of oil were adjusted slightly.

However, after that, the prices of petrol rose two timeswith a combined increase of nearly 1,300 VND per litre.

The petrol price stabilisation fund has been used constantlyover the past time to mitigate the impacts of global rising commercial oil andpetrol prices and contribute to curbing inflation.

The two ministries review fuel prices every 15 days toadjust the prices in accordance with fluctuations on the world market.-VNA

VNA

#Petrol prices #latest adjustment #Ministry of Industry and Trade #Ministry of Finance #E5 #RON95 #oil. diesel #Vietnam #Vietnamplus #Vietnam News Agency

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