The retail price of petrol sharply decreased as of 3pm on Tuesday following the fall in global markets.
The retail price of petrol sharply decreased as of 3pm on Tuesday following the fall in global markets.
Following the latest adjustment by the Ministry of Industry and Trade and the Ministry of Finance, the price of biofuel E5 RON92 fell by VND 780 to VND22,020 per litre at the highest, and that of RON95-III was also down by VND 780 to VND 23,030 per litre. The prices of diesel 0.05S and kerosene were VND 19,300 per litre and VND 19,460 per litre, down VND1,200 and VND1,250 per litre, respectively. The two ministries also determined plans to extract VND300 per litre from biofuel E5 RON 92, RON 95, kerosene and diesel prices for the petrol price stabilisation fund.
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