Illustrative image (Source: VNA)
Hanoi (VNA) - The price of RON92 gasoline was slashed by 341 VND to 16,168 VND per litre on the afternoon of June 20, as under a joint decision by the Ministries of Industry and Trade, and Finance.

Bio-fuel E5 also experienced a price cut of 336 VND, down to 15,647 VND per litre.

Meanwhile, respective prices of diesel and kerosene increased by 390 VND, and 370 VND per litre, resulting in a cost of 12,298 VND per litre for diesel and 10,667 VND per litre for kerosene.

This is the first time the price of petrol has been cut after the last five consecutive hikes, and is the fifth time it experienced a drop so far this year. For oil products, this is the sixth consecutive time their prices have been put up.-VNA