Business

Petrol prices slightly drop in latest review

The retail price of E5RON92 dropped 377 VND to a maximum level of 19,902 VND per litre as from 15:00 on August 1.
Petrol prices slightly drop in latest review ảnh 1Illustrative image (Photo: VNA)

Hanoi (VNA) – The retail price of E5RON92 dropped377 VND to a maximum level of 19,902 VND per litre as from 15:00 on August 1.

Following the latest adjustment by the Ministry of Industry and Trade and theMinistry of Finance, the price of RON95-III decreased 316 VND to 20,919 VND perlitre.

Meanwhile, the prices of diesel 0.05S and kerosene are capped at 17,023 VND and15,966 VND per litre, respectively. Mazut 180CST 3.5S is sold at no more than15,927 VND per kilogramme

This is the first drop in petrol prices following two consecutive hikes withtotal rise  exceeding 1,000 VND perlitre.

The two ministries review fuel prices every 15 days to adjust domestic pricesin accordance with swings in the global market.-VNA
VNA
#retail price #E5RON92 #Ministry of Industry and Trade #Ministry of Finance #RON95-III #global market #fuel prices #domestic prices #Vietnam #VietnamPlus #Viet Nam News
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