Petrol prices down 590 VND per litre hinh anh 1Illustrative photo. (Photo: VNA)

Hanoi (VNA) - Retail petrol prices continued to slid by 590 VND per litre as from 3 pm on January 19, the second consecutive cut since the beginning of the year.

Accordingly, the prices of RON 92 petrol and E5 bio-fuel were reduced by 590 VND and 580 VND per litre respectively.

As such, the maximum cost of RON 92 petrol will be 15,442 VND (0.69 USD) per litre, and E5 bio-petrol will be worth no more than 14,759 VND (0.66 USD) per litre.

The price of diesel 0.05S also dropped by 912 VND per litre. Likewise, the figures for paraffin and mazut were revised down by 886 VND per litre and 301 VND per kilograme respectively.

This deduction has made the current petrol price of 2,300 VND per litre lower than its level at the beginning of 2015, while the diesel price fell by 8,200 VND per litre for the year.-VNA