Retail oil and petrol prices record third consecutive fall
VOV.VN - Petrol and oil prices were adjusted down for the third time in a row at 3:00 p.m. on September 21 by the Vietnamese Ministry of Industry and Trade and Ministry of Finance.
The retail price of bio-fuel E5RON92 dropped by VND450 to VND21,781 per litre, while that of the popular RON95-III gasoline was cut by VND631 to no more than VND22,584 per litre.
Diesel 0.05S and kerosene are now to be sold at VND22,536 and VND22,441 per litre, marking decreases of VND1,644 and VND1,977, respectively.
Meanwhile, the price of mazut 180CST was cut by VND383 to VND14,656 per kilo.
Since the beginning of the year, the domestic petrol price has undergone a total of 25 adjustments, including 13 increases and 11 decreases. The retail bio-fuel E5RON92 and RON95-III gasoline prices are currently the same as they were in October, 2021.
The two ministries have subsidised each litre of E5RON92 with VND451, RON95 with VND450, diesel with VND300, kerosene with VND300, and mazut with VND741, sourced from the petrol price stabilisation fund.
