The Ministry of Industry and Trade, and the Ministry of Finance have deceived to reduce the retail sale prices of petrol products from 3pm on December 5.
Retail petrol prices revised down on December 5 (Photo: VNA)
Hanoi (VNA) - The Ministry of Industry and Trade, and the Ministry of Finance have deceived to reduce the retail sale price♒s of petrol products from 3pm on December 5.
Accordingly, the price of E5RON92 bio-fuel increased by 24 VND to 19,864 VND (0.78 USD) per litre, while that of RON95-III fell by 294 VND to 20,563 VND per litre.
Meanwhile, the price of diesel 0.05S dropped by 395 VND to 18,382 VND per litre and kerosene is now priced at 18,817 VND per litre, down 325 VND. Mazut oil 180CST 3.5S is sold at 16,125 VND per kg.
The two ministries decided not to use the petrol price stabilisation fund in this adjustment./.
The Ministry of Industry and Trade (MoIT) will send a proposal to the government on whether it is necessary to maintain the petrol price stabilisation fund in June.
The Ministry of Industry and Trade (MoIT) and the Ministry of Finance (MoF) announced the adjustment of petrol prices to be over 850 VND higher per litre at 3pm on July 12.
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