Petrol prices further decrease

May 11, 2023 - 16:39

Petrol prices continued to be revised down from 3pm on May 11, following the latest adjustment of the Ministry of Industry and Trade, and the Ministry of Finance

A petrol station in Hà Nội. On May 11, the retail prices of RON 95-III were cut by VNĐ1,320 to VNĐ21,000 (US$0.89) per litre. VNA/VNS Photo

HÀ NỘI – Petrol prices continued to be revised down from 3pm on May 11, following the latest adjustment of the Ministry of Industry and Trade, and the Ministry of Finance.

Specifically, the retail prices of RON 95-III and E5 RON 92 were cut by VNĐ1,320 and VNĐ1,300 to VNĐ21,000 (US$0.89) and VNĐ20,130 per litre, respectively.

Diesel is now sold at VNĐ17,650 per litre, down VNĐ600, and kerosene VNĐ17,970 per litre, down VNĐ550.

Meanwhile, the price of mazut decreased by VNĐ640 to VNĐ14,860 per kilo.

The two ministries decided to extract VNĐ300 per litre from all of the above fuels for the petrol price stabilisation fund. VNS

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