Retail petrol and oil prices down in latest adjustment
VOV.VN - Retail sale prices of oil and petrol were all adjusted down from 3 p.m. on November 14 by the Ministry of Industry and Trade, and the Ministry of Finance.
The price of RON95-III, the most commonly used petrol in Vietnam, decreased by VND250 to VND20,600 per liter, while that of E5 RON92 was listed at VND19,450 per liltre, down by VND290 from the precious price adjustment cycle a week ago.
Elsewhere, the prices of diesel 0.05S and kerosene were capped at VND18,570 per litre and VND18,980 per litre, reducing by VND340 and VND310 per litre, respectively.
Meanwhile, Mazut 180CST 3.5S was sold at no more than VND16,000 per kilogram, falling by VND390.
The two ministries also decided not to use the petrol price stabilisation fund this time.
Since the beginning of this year, petrol prices have undergone 45 adjustments, with 22 times up and 23 times down. Meanwhile, oil prices have experienced 20 times up and 25 times down.
