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Petrol prices see highest decrease since 2022’s beginning

The price of petrol decreased by more than 3,000 VND (0.13 USD) per litre from 0:00 on July 11 following the latest adjustment of the Ministries of Industry and Trade, and Finance.
Petrol prices see highest decrease since 2022’s beginning ảnh 1Price of petrol decreased by more than 3,000 VND (0.13 USD) per litre from 0:00 on July 11 (Photo: VNA)
Hanoi (VNA) – The price of petrol decreased by more than 3,000 VND (0.13USD) per litre from 0:00 on July 11 following the latest adjustment of theMinistries of Industry and Trade, and Finance.

Accordingly, the retail price of RON95 fell by 3,088 VND toa maximum of 29,675 VND per litre, while that of E5RON92 bio-fuel was down 3,103VND to 27,788 VND per litre.

Petrol prices see highest decrease since 2022’s beginning ảnh 2This is the first significant reduction in petrol prices after a series of hike over the past several months (Photo: VNA)
Meanwhile, the prices of diesel DO 0.05s-II and kerosenedropped by 3,022 VND and 2,008 VND to 26,593 VND and 26,345 VND per litre,respectively.
This is the first significant reduction in petrol prices after a series of hike over the past several months. On July 8, the National Assembly Standing Committee issued Resolution 0/2022/UBTVQH15 on reducing environmental tax on petrol, oil an greases at the proposal of the Government to help curb the rise in domestic fuel prices./.

VNA

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