Petrol prices down after seven consecutive increases

Retail price of RON95 drops by 110 VND to a maximum of 32,763 VND (1.41 USD) per litre, while that of E5RON92 bio-fuel is down 411 VND to 30,891 VND per litre (Photo: VNA)

Hanoi (VNA) – Petrol prices were adjusted down from 3pm on July 1 by the Ministries of Industry and Trade, and Finance, after seven consecutive increases.

The retail price of RON95 dropped by 110 VND to a maximum of 32,763 VND (1.41 USD) per litre, while that of E5RON92 bio-fuel was down 411 VND to 30,891 VND per litre.

Meanwhile, the prices of diesel 0.05S and kerosene decreased by 404 VND and 432 VND to 29,615 VND and 28,353 VND per litre, respectively.

The two ministries also decided to use the petrol price stabilisation fund at a rate of 100-800 VND per litre./.

VNA