Hanoi (VNA) – The prices ofRON 92 petrol and bio-fuel E5 dropped 708 VND and 661 VND per litre respectively,from 3:00 pm on March 21.
Following a joint decision by the Ministry of Industry andTrade and the Ministry of Finance, the prices of diesel 0.05S and kerosene werealso slashed by 609 VND and 657 VND per litre, respectively.
Under the joint decision, RON 92 and E5 petrol is sold at nomore than 17,314 VND (0.76 USD) and 17,099 VND (0.75 USD) per litrerespectively, while the new ceiling price of diesel 0.05S and kerosene are13,838 VND (0.61 USD) and 12,177 VND (0.53 USD) per litre.
The average global price of petrol products during the last15 days to March 21 was down 4 USD compared with previous price adjustment,hence the reduction in the domestic prices.
🍌 The adjustment marks the second decrease in fuel prices thisyear.
The prices of petrol andoil are adjusted every 15 days by the two ministries depending on changes in theworld market. -VNA
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