Petrol prices drop slightly

Retail prices of petrol have been revised down slightly in the latest adjustment on January 4 by the Ministry of Industry and Trade and the Ministry of Finance.

Thursday, January 04, 2024 15:46

At a Petrolimex petrol station in Hanoi (Photo: VNA)

Hanoi (VNA) - Retail prices of petrol have beenrevised down slightly in the latest adjustment on January 4 by the Ministry ofIndustry and Trade and the Ministry of Finance.

Accordingly, the price of biofuel E5 RON92 was capped at 21,006VND (0.86 USD) per litre, dropping by 180 VND per litre, while that ofRON95-III was cut by 232 VND per litre to no more than 21,916 VND.

Meanwhile, oil prices were also adjusted down, with dieseloil and kerosene being sold for a maximum of 19,368 VND per litre and 19,957VND per litre, down 420 VND and 500 VND, respectively. The mazut oil price wasdown by 190 VND to no more than 15,495 VND per kilogramme.

In this adjustment, the two ministries decided to use thepetrol price stabilisation fund for mazut oil, at 300 VND per kilogramme.

Since the outset of the year, petrol prices have experienced 38 adjustments, with 19 times up, 15 down, and five unchanged./.

VNA

#Petrol prices #price adjustments #Ministry of Industry and Trade #Ministry of Finance #petrol price stabilisation #vietnam news agency #vietnam #vietnamplus Vietnam

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