Petrol prices decrease slightly in latest adjustment
VOV.VN - The Ministry of Industry and Trade, and the Ministry of Finance on November 21 decided to reduce the retail sale prices of petrol products.
Accordingly, the price of RON95-III was cut by VND79 to VND20,528 per litre, while that of E5RON92 bio-fuel fell by VND109 to VND19,343 per litre.
In addition, the price of diesel 0.05S dropped by VND64 to VND18,509 per litre and kerosene is now priced at VND18,921 per litre, down VND67.
Meanwhile, Mazut oil 180CST 3.5S is sold at VND16,014 per kg, a rise of VND5.
The two ministries decided not to use the petrol price stabilisation fund in this adjustment. Since the beginning of this year, petrol prices have undergone 21 times up and 25 times down.
The domestic fuel prices were adjusted in accordance with fluctuations in global markets. On November 21, the price of West Texas Intermediate (WTI) oil fell to US$68.9 per barrel, while the price of Brent oil was traded at US$72.96 per barrel.
