Business

Fuel prices drop in latest adjustment

The price of E5 RON92 bio-fuel is capped at 20,391 VND (0.81 USD) per litre, while RON95-III is set at 21,002 VND (0.83 USD) per litre in the adjustment, effective from from 3:00 pm on February 1.

Fuel prices fall from 3:00 pm on February 1 (Photo: VNA)
Fuel prices fall from 3:00 pm on February 1 (Photo: VNA)

Hanoi (VNA) – The Ministry of Industry and Trade and the Ministry of Finance have announced a fuel price adjustment, effective from 3:00 pm on February 1.

Accordingly, the price of E5 RON92 bio-fuel is capped at 20,391 VND (0.81 USD) per litre, down 201 VND per liter, while RON95-III is set at 21,002 VND (0.83 USD) per litre, a 140 VND decrease.

Meanwhile, diesel 0.05S and kerosene are priced at 19,246 VND (0.76 USD) per litre and 19,439 VND (0.77 USD) per litre, reflecting drops of 948 VND and 671 VND per litre, respectively.

The price of Mazut 180CST 3.5S has been reduced by 250 VND per kg, now capped at 17,502 VND (0.69 USD) per kg.

For this adjustment period, authorities decided not to use the price stabilisation fund for any fuel products, including E5 RON92, RON95, diesel, kerosene, or mazut./.

VNA
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