Petrol prices remain unchanged in latest review

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.

Friday, February 15, 2019 16:39

Petrol prices remain unchanged in latest review ảnh 1

Illustrative image (Photo: VNA)

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

VNA

#Ministry of Finance #Ministry of Industry and Trade #bio-fuel E5 RON 92 #RON 95 #diesel oil #kerosene #mazut #ceiling prices #VietnamPlus #Viet Nam News

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