Retail petrol prices fall sharply following latest adjustments
VOV.VN - Retail petrol prices reduced sharply as of 3 p.m. on May 4 following the latest review jointly conducted by the Ministry of Industry and Trade and the Ministry of Finance.
Accordingly, the price of E5RON92 bio-fuel fell by VND1,251 to VND21,437 per litre at a maximum, whilst that of RON95-III was also down by VND1,319 to VND22,320 per litre.
Diesel 0.05S and kerosene are now to be sold at no more than VND18,254 and VND18,528 per litre, marking reductions of VND1,143 and VND952, respectively.
Meanwhile, the price of mazut 180CST also decreased by VND334 to 15,509 per kg.
The two ministries moved to extract VND500 per litre from the prices of E5RON92 and RON95, VND300 per litre from the prices of diesel and kerosene, as well as VND300 per kg from the price of mazut for the petrol price stabilistion fund.