A man buys fuel at a petrol station in Hanoi. (Photo: VNA)
Hanoi (VNA) - Theprices of RON 92 petrol and bio-fuel E5 fell by 124 VND and 97 VND per litre,respectively, as from 4:55 pm on October 20.
Following a joint decision by the Ministry of Industry and Trade and theMinistry of Finance, the prices of diesel 0.05S and kerosene dropped by 434 VNDand 104 VND per litre.
Under the joint decision, RON 92 and E5 are sold at no more than 17,875 VND (0.78USD) and 17,634 VND (0.77 USD) per litre, while the ceiling prices of diesel 0.005Sand kerosene are 14,410 VND (0.63 USD) and 12,999 VND (0.57 USD) per litre.
This is the 20th adjustment of fuel prices this year, with nine falls, sevenincreases and two times unchanged.
The ministries said the global price of RON 92 during the last 15 days toOctober 20 was 66.983 USD per barrel, while that of diesel 0.05S was 68.142 USDper barrel.
They also decided to keep using the price stabilisation fund for RON 92 at 130VND per litre, and for E5 biofuel remained at 110 VND per litre.-VNA
The Ministries of Industry and Trade, and Finance decided to raise the retail price of RON 92 petrol by 306 VND to maximum 17,792 VND (78 US cents) per litre from 3pm on September 5.
The retail prices of RON 92 and E5 petrol dropped by 112 VND and 105 VND per litre, respectively, from 16:55 of October 5, according to a joint decision of the ministries of Industry and Trade and Finance.
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A man buys fuel at a petrol station in Hanoi. (Photo: VNA) 
