Retail petrol prices were revised down 816 VND per litre as of 3 pm on August 4, marking the 13th price adjustment this year.
According to the Ministries of Industry & Trade and Finance, RON 92 petrol will cost no more than 19.304 VND per litre and bio-petrol E5 is set at a maximum of 18.809 VND per litre.
Prices of diesel and kerosene went down 819 VND and 638 VND per litre, respectively, while mazut was reduced by 582 VND per kilogram.
With the revisions, gasoline prices rose by 1,400 VND per litre and diesel costs fell by 3,120 VND per litre compared to the start of this year.
As of August 3, each barrel of RON 92 and diesel 0.05S cost a respective 69.891 USD and 61.465 USD on the global market, down 8 USD from a month earlier.-VNA