July 06, 2017 | 19:56 (GMT+7)
Petrol prices drop by over VND 400 per liter
The price of RON 92 decreased by VND 435 per liter from 5:00pm on July 5, according to the latest adjustment of the Ministry of Industry and Trade and the Ministry of Finance the same day.
The price of E5 bio-petrol was also cut by VND 431 per liter while that of diesel oil 0.05S and kerosene were up by VND 122 and VND 285 per liter.
Accordingly, RON 92 and E5 bio-petrol are sold at no more than VND 16,069 (USD 0.706) and VND 15,918 (USD 0.7) per liter, respectively, while the new ceiling prices of diesel oil 0.05S and kerosene are VND 12,957 (USD 0.56) and VND 11,665 (USD 0.51) per liter.
The average global price of petrol products during the last 15 days to July 5 was at USD 55.959 a barrel for RON 92, down 3.7 percent, and USD 57.599 for diesel, down 0.2 percent compared to the previous price adjustment.
The prices of petrol and oil are adjusted every 15 days by the two ministries depending on changes in the world market.
Source: VNA