May 04, 2022 | 19:34 (GMT+7)
Petrol prices inch up in latest adjustment
Retail prices of oil and petrol were raised from 3 p.m. on May 4 following the latest adjustment by the Ministry of Industry and Trade, and the Ministry of Finance.
    |
 |
|
Petrol prices inch up in latest adjustment. |
Accordingly, the ceiling retail price of RON95 bio-fuel was raised by 440 VND to 28,430 VND (1.24 USD) per liter, while that of E5 RON92 increased by 330 VND to no more than 27,460 VND per liter.
At the same time, the price of diesel was capped at 25,530 VND per liter, an increase of 180 VND. Kerosene prices remained unchanged at 23,820 VND per liter.
According to the MoIT, gasoline demand in the second quarter will reach about 5.2 million sq.m, with supply expected to hit some 6.7 million sq.m.
The total demand for petroleum in the domestic market this year is forecast at 20.6 million sq.m.
Source: VNA