Fuel prices drop simultaneously

SGGP
The ministries of Finance and Industry and Trade one June 17 ordered petrol wholesalers to lower fuel prices as of 3 p.m.

Fuel prices drop simultaneously

Accordingly, the price of RON95-III gasoline was cut by VND1,085 per liter to VND20,134 per liter. That of E5 RON92 gasoline dropped by VND986 per liter to VND19,233 per liter. Diesel oil 0.05S was sold at VND16,657 per liter, a decrease of VND737 per liter. Kerosene saw a reduction of VND614 per liter in price to VND15,611 per liter. Mazut oil 180CST 3.5S  slid VND239 per kilogram to VND15,115 per kilogram.
At the same time, the setting up level of the fuel price stabilization fund was raised to VND300 per liter for E5 RON92 gasoline and VND900 per liter for RON95 gasoline and oil. Fuel wholesalers were not allow to use the fund.
According to the ministries, global average price of petroleum products in 15 days before the fuel price adjustment on June 17 was US$64,283 per barrel of RON92 gasoline, down $9.007 per barrel, and $66.017 per barrel of RON95 gasoline, down $9.141 per barrel.

By Ha My – Translated by Thuy Doan

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