From 3:00 p.m. on March 7, retail prices of petrol and oil products simultaneously increased sharply following a decision by the joint Ministry of Industry and Trade and the Ministry of Finance.
In this price adjustment period, amid global (6) ______, the two ministries decided (7) ______ a price management plan to ensure that domestic fuel prices remain in line with international market developments with (8) ______ delay.
The authorities also continued to maintain a reasonable price gap between E5 RON92 biofuel and RON95 mineral petrol to (9) ______ the use of biofuels in line with the Government's policy, while ensuring balanced interests among market participants.
Since the beginning of this year, domestic fuel prices have undergone a (10) ______ of 11 adjustments. During this period, both RON95 and E5 RON92 experienced four decreases and seven increases, (11) ______ diesel oil recorded two falls and nine hikes.