Retail petrol prices continue to fall by as much as 729 VND per litre as of from 3 pm on February 3, the third consecutive reduction since the beginning of 2016.
Petrol station staff sells petrol for a customer. (Photo: VNA)
Hanoi(VNA) – Retail petrol prices c🍨ontinue to fall by as much as 729 VND per litre as of from 3 pm on February 3, the third consecutive reduction since the beginning of 2016.
Accordingly, the prices of RON 92 petrol and E5 bio-fuel were reduced by 729 VND and 496 VND per litre, respectively.
As such, the respective maximum prices of RON 92 petrol and E5 bio-fuel will be 14,713 VND (0.66 USD) per litre and 14,263 VND (0.64 USD) per litre.
The price of diesel 0.05S also dropped by 627 VND per litre. Likewise, the prices for kerosene and mazut were revised down by 483 VND per litre and a mere 20 VND per kilograme respectively.
This deduction has made the current petrol price some 3,000 VND per litre lower than that in early 2015.-VNA
The prices of RON 92 petrol and E5 bio-fuel were reduced by 391 VND per litre as of 3 pm on December 18, the 5th consecutive cut and the 22nd adjustment so far this year.
Local retail petrol prices could be adjusted daily instead of every fortnight in the future, Do Thang Hai, Deputy Minister of Industry and Trade, said.
Following falling petrol prices since early 2015 and requests for lower transport fares, many transport enterprises in Hanoi started reducing fares with an average rate of 7 percent.
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Petrol station staff sells petrol for a customer. (Photo: VNA)
