Hanoi (VNA)🎃 - Retail petrol prices continued to slid by 590 VND per litre as from 3 pm on January 19, the second consecutive cut since the beginning of the year.
Accordingly, the prices of RON 92 petrol and E5 bio-fuel were reduced by 590 VND and 580 VND per litre respectively.
As such, the maximum cost of RON 92 petrol will be 15,442 VND (0.69 USD) per litre, and E5 bio-petrol will be worth no more than 14,759 VND (0.66 USD) per litre.
The price of diesel 0.05S also dropped by 912 VND per litre. Likewise, the figures for paraffin and mazut were revised down by 886 VND per litre and 301 VND per kilograme respectively.
This deduction has made the current petrol price of 2,300 VND per litre lower than its level at the beginning of 2015, while the diesel price fell by 8,200 VND per litre for the year.-VNA
Retail petrol prices were raised by 612 VND (0.027 USD) per litre as of September 18 following five price cuts in a row since July 4 with a combined reduction of 3,000 VND (0.133 USD) per litre.
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.
The prices of RON 92 petrol and E5 bio-fuel were slashed by 373 VND and 571 VND per litre, respectively, as of 3 pm on January 4, marking the sixth consecutive cut.
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.
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