Accordingly, the price of biofuel E5 RON92 was capped at 21,006 VND (0.86 USD) per liter, dropping by 180 VND per liter, while that of RON95-III was cut by 232 VND per liter to no more than 21,916 VND.

leftcenterrightdel
At a Petrolimex petrol station in Hanoi 

Meanwhile, oil prices were also adjusted down, with diesel oil and kerosene being sold for a maximum of 19,368 VND per liter and 19,957 VND per liter, down 420 VND and 500 VND, respectively. The mazut oil price was down by 190 VND to no more than 15,495 VND per kilogram.

In this adjustment, the two ministries decided to use the petrol price stabilization fund for mazut oil, at 300 VND per kilogram.

Since the outset of the year, petrol prices have experienced 38 adjustments, with 19 times up, 15 down, and five unchanged.

Source: VNA