Petrol prices increase sharply to nearly VND24,000 per litre

Accordingly, the price of RON95-III went up VND650 to VND23,910 per litre, while that of E5RON92 rose VND710 to VND22,830 per litre.

The prices of diesel oil 0.05S and kerosene were capped at VND21,360 and VND21,220 per litre, up VND660 and VND640, respectively.

Meanwhile, mazut oil 180CST 3.5S is now sold at no more than VND15,900 per kilogramme, an increase of VND310.

In the latest adjustment, the two ministries decided to make use of the petrol price stabilisation fund for mazut oil, at VND300 per kilogramme.

The past week saw global petrol prices rise to US$101.8 a barrel for petrol RON95, up 3.5% from the previous adjustment. Elsewhere, the price of diesel oil and mazut also climbed to US$108.15 a barrel and US$449.9 per tonne.