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Petrol prices revised down on August 22 (Photo for illustration)

Accordingly, the price of E5RON92 bio-fuel dropped by 458 VND to 20,424 VND (0.82 USD) per liter, while that of RON95-III fell by 535 VND to 21,317 VND per liter.

Meanwhile, the price of diesel 0.05S is capped at 18,776 VND per liter, a decrease of 454 VND per liter and kerosene is now priced at no more than 19,149 VND per liter, down 423 VND. Mazut oil 180CST 3.5S is sold at 15,756 VND per kg, down 489 VND.

The two ministries decided not to use the petrol price stabilization fund in this adjustment.

Source: VNA