Petrol prices change for 14th time since January

The prices of RON 92 petrol and E5 bio-fuel were reduced by 768 VND per litre as of 3 pm on August 19, the 14th adjustment so far this year.

The petrol and oil price control joint team of the Ministry of Industry and Trade and the Ministry of Finance said with the reduction, the price of RON 92 petrol will not be higher than VND18,536 (US$0.84) and that of E5 bio-petrol not more than VND18,041 (US$0.80). 

The price of diesel oil also dropped by VND441, while that of kerosene decreased by VND703, and mazut, VND736. 

This reduction made current petrol prices only VND650 higher than the level at the beginning of this year while diesel prices reduced by VND3,560.