Illustrative image. (Source: Piacom)

Accordingly, the price of E5RON92 rose by 506 VND to 22,014 VND (0.86 USD) per litre, while that of RON95-III went up by 544 VND to 23,010 VND per litre.

Diesel and kerosene are now sold at 20,689 VND and 20,614 VND per litre, up 329 VND and 258 VND, respectively, and that of mazut oil rose by 223 VND to 17,446 VND per kilogramme.

In this price adjustment, the two ministries decided not to use the petrol and oil price stabilisation fund.