Petrol prices decrease, oil prices increase

Businesses slashed Ron 92 gasoline price by VND435 a liter to VND16,069 and slashed the price of ethanol gasoline blend E5 by VND431 a liter to VND15,918 on 5 p.m. yesterday.

A filling station in Bui Thi Xuan street, District 1 (Photo: SGGP)

A filling station in Bui Thi Xuan street, District 1 (Photo: SGGP)

The price cut was made in accordance with requirements by the Ministry of Industry and Trade and the Ministry of Finance.
Diesel price increased VND122 to VND12,957 a liter, kerosene went up VND285 to VND11,665  a liter and mazut oil hiked VND110 to VND10,776 a kilogram.
Businesses’ contribution level to the price subsidization fund remains unchanged.
According to the two ministries, the world petrol price reduced from US$0.14- $2.16 a barrel during the last 15 days.

By HA MY – Translated by Hai Mien

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