Vietnam's Petrolimex hikes domestic prices of oil products

State-owned Vietnam National Petroleum Corp. (Petrolimex), has raised domestic retail prices for all oil products by 2-3.1% from January 14, an industry source said. The prices are reflective of crude-driven gains in international prices, which soared to 15-month highs earlier in January 2010. Gasoline retail prices led the hikes, rising by 450 dong (US$0.02) per liter to 16,900 dong (US$0.92) per liter for 95 RON and 16,400 dong (US$0.89) per liter for 92 RON grades respectively. (January 14, 2010)