Petrol prices continue to decrease
Prices of oil and petrol products continued to decrease from 3:00pm on May 20, according to the latest adjustment of the Ministry of Industry and Trade and the Ministry of Finance the same day.
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The prices of RON 92 slightly dropped by VND211 per litre, while that of E5 bio-petrol and diesel oil declined by VND197 and VND343 per litre, respectively.
Following a joint decision by the ministries, RON 92 and E5 bio-petrol is sold at no more than VND17,063 (US$0.75) and VND16,871 (US$0.74) per litre, respectively.
Meanwhile, the new ceiling prices of diesel 0.05S and kerosene are VND13,260 (US$0.58) and VND11,792 (US$0.52) per litre.
The average global price of RON 92 during the last 15 days to May 20 was at US$61,084 per barrel, down US$1 compared to the previous price adjustment.
The prices of petrol and oil are adjusted every 15 days by the two ministries depending on changes in the world market.
