Petrol prices drop in latest review

June 03, 2019 - 14:31

The retail prices of oil and petrol were adjusted down from 3pm last Saturday following a decision by the ministries of Finance, and Industry and Trade.

A PetroVietnam Oil Corporation gas station. The retail price of bio-fuel E5 RON 92 has been reduced by VNĐ269 per litre to a maximum level of VNĐ20,219 (US$0.87) per litre. — Photo vietnamfinance.vn

HÀ NỘI — The retail prices of oil and petrol were adjusted down from 3pm last Saturday following a decision by the ministries of Finance, and Industry and Trade.

The two ministries review fuel prices every 15 days to adjust domestic prices in accordance with swings in the global market.

Accordingly, the retail price of bio-fuel E5 RON 92 has been reduced by VNĐ269 per litre to a maximum level of VNĐ20,219 (US$0.87) per litre, while the ceiling price of RON95-III was cut by VNĐ380 per litre to VNĐ21,219 ($0.91).

Meanwhile, the ceiling prices of diesel 0.05S and kerosene dropped by VNĐ220 and VNĐ197 per litre to VNĐ17,394 ($0.75) and VNĐ16,225 ($0.7) per litre, respectively. Mazut 180CST 3.5S will be sold at no more than VNĐ15,354 ($0.66), down VNĐ182 per kilogramme. — VNS

Tags petrol price PV Oil Ministry of Finance Ministry of Industry and Trade

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