Business

Petrol prices drop in latest review

The retail prices of oil and petrol were adjusted down starting from 3 pm on November 25 following the latest adjustment by the Ministry of Industry and Trade and the Ministry of Finance.
Petrol prices drop in latest review ảnh 1Illustrative image (Photo: VNA)
Hanoi (VNA) – The retail prices of oil and petrol were adjusteddown starting from 3 pm on November 25 following the latest adjustment by theMinistry of Industry and Trade and the Ministry of Finance.

Accordingly, the retail price of E5RON92 bio-fuel decreased 752 VND to a maximum of 22,917 VND per litre (around 1 USD) while that ofRON95-III was also down 1,094 VND to 23,902 VND per litre.

Diesel 0.05S and kerosene are now soldat 18,382 VNDand 17,197 VNDper litre, down by 334 VND and 440 VND, respectively.

Meanwhile, the price of Mazut 180CST was cut by 344VND to 16,477 VNDper kilo.

The petrol pricestabilisation fund has been used constantly over the past time to mitigate the impactsof global rising commercial oil and petrol prices and contribute to curbinginflation.

The two ministries review fuel prices every 15 days to adjust the prices inaccordance with fluctuations on the world market./. 
VNA
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