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Retail sales of petrol and oil go up

VGP – Retail sale of RON 92 picked up VND 434 per liter since 3:00 PM on November 20.

November 20, 2017 4:00 PM GMT+7

Illustration photo

The Ministry of Finance and the Ministry of Industry and Trade jointly made the decision on price hikes of all petrol and oil.

The two ministries will raise the use of the price stabilization fund.

Usage of the fund for E5 RON 92 bio-fuel remained at VND 600 per liter, while diesel was VND 300 per liter, kerosene was VND1 400, and mazut was VND 300 per kg.

So far, price of RON 92 went up VND 434 per liter; E5 up VND 385 per liter, diesel up VND 408 per liter, kerosene up VND 419; mazut up VND 437. 

Hence, retail sales of RON 92 was VND 18,580 per liter; E5 VND 18,243 per liter; diesel VND 15,019 per liter; kerosene VND 13,617 per liter; and mazut VND 12,382 per kg.

This was the second consecutive price hike since early October./.  

By Kim Loan