Accordingly, the price of E5 RON92 petrol is capped at 25,226 VND per liter (0.96 USD), up 3,777 VND per liter compared to the base price set on March 5 and remaining 1,821 VND per liter lower than RON95-III petrol. The price of RON95-III petrol is set at no more than 27,047 VND per liter, up 4,707 VND.
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Fuel supply in Hanoi remains stable. |
Meanwhile, 0.05S diesel oil is capped at 30,239 VND per liter, a rise of 7,207 VND per liter; kerosene at 35,091 VND per liter, up 8,490 VND; and the fuel oil mazut 180CST 3.5S at 21,327 VND per kilogram, up 3,831 VND.
In this price adjustment period, amid global fuel price fluctuations, exchange rate movements between the VND and USD, and current regulations, the two ministries decided on a price management plan to ensure that domestic fuel prices remain in line with international market developments.
The authorities also continued to maintain a reasonable price gap between E5 RON92 biofuel and RON95 mineral petrol in order to encourage the use of biofuels in line with the Government’s policy, while ensuring balanced interests among market participants.
The two ministries also decided not to make contributions to or use the petroleum price stabilization fund for any fuel products in this adjustment.
Since the beginning of this year, domestic fuel prices have undergone 11 adjustments. During this period, both RON95 and E5 RON92 experienced four decreases and seven increases, while diesel oil two falls and nine hikes.
Source: VNA