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Petrol prices down by 1,500 VND per liter under latest adjustment

The price of RON 95-III petrol went down 1,500 VND per liter to 21,200 VND (0.90 USD) per liter from 3p.m. on December 12.

Meanwhile, the retail price of E5 RON 92 decreased by 1,330 VND to 20,340  VND per liter.

The prices of oils were also adjusted down, with that of diesel oil cut by 1,540 VND to 21,670 VND per liter, and that of kerosene down by 1,660 VND to 21,900 VND per liter. Mazut oil was priced at 13,010 VND per kg, a decline of 940 VND.

The two ministries also determined to extract 300-400 VND per liter from petrol and 500-800 VND per liter from diesel and kerosene prices for the petrol price stabilization fund.

Source: VNA