The retail price of E5RON92 bio-fuel increased 436 VND to a maximum of 23,595 VND (1.04 USD) per liter, while that of RON95 rose 484 VND to no more than 24,360 VND per liter.

At a gas station (Photo for illustration)

The prices of diesel 0.05S and kerosene, meanwhile, went up 664 VND and 655 VND per liter, respectively.

This is the second consecutive hike of petrol prices in 2022 and the third in a row.

The management of petrol prices is to ensure the implementation of the goal of inflation control and market stabilisation right from the beginning of 2022, support people and businesses that are facing difficulties due to the COVID-19, and encourage the use of biofuel to protect the environment.

Source: VNA