Petrol, oil prices drop

Gasoline, diesel, kerosene and mazut prices slightly reduced yesterday, announced the Ministry of Industry and Trade and the Ministry of Finance.

Ron 92 and ethanol gasoline E5 prices slid by VND331 to VND20,380 and VND20,050  a liter.

Diesel and kerosene dropped VND284 and VND221 to VND15,793 and VND14,878 a liter. Mazut oil decreased VND424 to VND12,306 a kilogram.

The two ministries instructed businesses to keep contribution to the price subsidization fund unchanged. The fund’s use levels to subsidy traditional and E5 gasoline prices are VND527 and VND362 a liter respectively.

By Ngoc Quang – Translated by Hai Mien

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