Oil products (diesel, kerosene and mazut) added VND810-1,110 per liter per kg depending on type compared to the operating period on July 21. This is the second consecutive price increase in the past 10 days.

Domestic gasoline prices are more expensive by about VND2,380 - VND2,470 per liter, depending on the type after two price increases.

According to the inter-ministerial agency, due to rising world prices due to factors such as oil reserves starting to decline in some areas due demand outstrips supply constrained by the OPEC leader's deep output cuts.