Petrol prices down in latest adjustment

The Ministry of Industry and Trade and the Ministry of Finance have decided to reduce the retail sale prices of petrol products from 3pm on August 1.

Petrol prices down in latest adjustment (Photo: VNA)
Petrol prices down in latest adjustment (Photo: VNA)

Hanoi (VNA) – The Ministry of Industry and Trade and the Ministry of Finance have decided to reduce the retail sale prices of petrol products from 3pm on August 1.

Accordingly, the price of E5RON92 bio-fuel was cut by 284 VND to 21,616 VND (0.86 USD) per litre, while that of RON95-III fell by 281 VND to 22,603 VND per litre.

Meanwhile, the price of diesel 0.05S dropped by 316 VND per litre to 19,878 VND per litre, and kerosene is now priced at 20,095 VND per litre, down 231 VND. Mazut oil 180CST 3.5S is sold at 16,886 VND per kg, a decrease of 292 VND.

The two ministries decided not to use the petrol price stabilisation fund./.

VNA

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