Petrol prices cut down

Businesses have lightened RON 92 gasoline price by VND76 a liter to VND18,022  since 3 p.m. yesterday as per requirements by the Ministry of Industry and Trade and the Ministry of Finance.

A filling station in HCMC (Photo: SGGP)

Ethanol gasoline blend E5 slid VND58 to VND17,760.
 
Diesel price inched up VND142 to VND14,447 a liter at the maximum, kerosene up VND76 to VND12,834 a liter while mazut oil moved up VND55 a kilogram to VND11,378.
 
According to the two ministries’ request, contribution level to the price subsidization fund by petrol businesses remains unchanged to all gasoline and oil products.
 
The fund’s spending reduces to zero dong instead of VND300 a liter of mineral and E5 gasoline as before.

By Ngoc Quang – Translated by Hai Mien

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