Domestic petrol prices continue to drop

The price of E5 bio-petrol has dropped slightly by 394 VND per litre, while that of RON95 fell by 318 VND per litre following an announcement of petrol price adjustments released by the Ministry of Finance and Ministry of Industry and Trade on December 21.

A decrease of 257 VND per litre was seen in the price of diesel 0.05S, 249 VND per litre in kerosene, and 394 VND per kilo in 180CST 3.5S fuel oil.

A customer has his motorbike filled at a gas station in Hanoi (Photo: VNA)
A customer has his motorbike filled at a gas station in Hanoi (Photo: VNA)

Following the adjustments, E5 bio-petrol will be sold at no more than 16,787 VND per litre, and RON95 at no higher than 18,141 VND per litre.

The ceiling price of diesel is 16,001 VND per litre; kerosene, 15,003 VND per litre; and 180SCT 3.5S fuel oil, 14,008 VND per kilo.

This is the fifth consecutive time that petrol prices have been reduced this year with a total drop of over 4,000 VND per litre.

The current value is 2,000 VND lower than the price at the beginning of the year.

According to the Ministry of Industry and Trade, during the 15 days prior to December 21, global petrol prices fell about 3 USD per barrel compared to the previous period.

VNA

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