Petrol prices cut by nearly VND1,200 per litre

The retail prices of RON 92 and E5 petrol were reduced by VND1,198 (US$0.05) per litre as of 3 pm on September 3, marking the 15th price adjustment this year.

According to the Ministries of Industry & Trade and Finance, RON 92 petro will cost no more than VND17,338 (US$0.77) per litre while bio-petrol E5 is to stand at a maximum of VND16,843 (US$0.75) per litre. 

Prices of diesel and kerosene went down VND111 and VND123 per litre, respectively, while fuel oil (FO) fell by VND785 per kilogram. 

With the 5th successive reduction in recent time, the petrol and diesel prices have dropped by VND550 and VND3,670 per litre, respectively, against those from earlier this year.