Retail prices of petrol decreased significantly from 3pm of March 15 (Source: VNA)
Hanoi (VNA) – The retail prices of petrol decreased significantlyfrom 3pm of March 15, making it the fifth consecutive reduction since thebeginning of this year.
Following the latestadjustment by the Ministry of Industry and Trade and the Ministry of Finance, theprice of biofuel E5 RON92 fell by 2,290 VND to 16,056 VND (0.69 USD) per litreat the highest, and that of RON95-III was also down by 2,315 VND to 16,812 VNDper litre.
Meanwhile, theprices of diesel 0.05S and kerosene were 13,035 VND per litre and 11,846 VNDper litre, down 1,750 VND and 1,830 VND per litre, respectively.
Mazut 180CST 3.5S issold at no more than 10,501 VND per kilogramme, down 1,353 VND per kilogramme.
The two ministries review fuel prices every 15 days to adjustdomestic prices in accordance with fluctuations in the global market.
They decided tosubsidise 200 VND per litre for E5 RON92; 800 VND per litre for RON95, dieseland kerosene; and 100 VND per kg for mazut./.
The retail prices of petrol were strongly reduced starting 3pm on February 14 in the latest review, the third decrease since the beginning of the year.
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Retail prices of petrol decreased significantly from 3pm of March 15 (Source: VNA) 
