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Petroleum prices sharply fall

Petroleum products prices decreased from 3 pm on Thursday, marking the second consecutive fall.

Petroleum products prices decreased from 3 pm on Thursday, marking the second consecutive fall.

Under the decision by the Ministry of Industry and Trade and the Ministry of Finance, the retail prices of E5 RON 92 and RON 95 fell by VND1,250 and VND1,310 per litre to VND21,430 and VND22,320 respectively.

Kerosene declined by VND960 per litre to VND18,520 and diesel dropped by VND1,140 per litre to VND18,250.

There have been 12 adjustments made so far this year on petroleum prices, including seven increases and four decreases.

The two ministries also determined plans to extract VND500 per litre from E5 RON 92 and RON 95 prices, VND300 per litre from kerosene and diesel prices, and VND300 per kilo from mazut oil prices for the petrol price stabilisation fund.
Source: dtinews.vn
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