Petrol prices fall in latest adjustment
VOV.VN - Retail prices of petrol have been revised down in the latest adjustment at 15:00 on February 22 by the Ministry of Industry and Trade and the Ministry of Finance.
Accordingly, the price of RON95-III was capped at VND23,590 per litre, dropping by VND320 per litre, while that of biofuel E5 RON92 was cut by VND360 per litre to no more than VND22,470.
Meanwhile, oil prices were also adjusted down, with diesel oil and kerosene being sold for a maximum of VND20,910 per litre and 20,920 per litre, down VND450 and VND300, respectively.
However, only the price of mazut oil was adjusted up by VND20 to VND15,920 per kilogram.
In this adjustment, the two ministries decided to use the petrol price stabilisation fund for mazut oil, at VND300 per kilogram.
Since the outset of the year, petrol prices have experienced 8 adjustments, with 5 times up, and 3 times down.
