DNO - On the afternoon of February 15, the Ministry of Finance and the Ministry of Industry and Trade announced changes in retail prices of gasoline and oil in the new adjustment period. Accordingly, the prices of many gasoline and oil products increased from 308-711 VND/liter.

Gasoline and oil prices increased sharply on the afternoon of February 15. Photo: CHIEN THANG

Specifically, the management agency decided to increase 711 VND/liter for RON92 gasoline, to 22,831 VND/liter; at the same time, increase 657 VND/liter for RON95 gasoline, to 23,919 VND/liter.

Similarly, diesel price increased by 654 VND/liter, to 21,361 VND/liter; kerosene increased by 633 VND/liter, to 21,221 VND/liter; mazut increased by 308 VND/kg, to 15,906 VND/kg.

In this management period, the joint ministries only allocated a price stabilization fund for fuel oil at 300 VND/kg. The management agency did not allocate or spend the price stabilization fund for all other types of gasoline and oil.

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