Petrol price drops by VND218 per liter

According to order by ministries of Industry and Trade and Finance, fuel prices declined the second time as of 3.30 p.m. on October 31.

Petrol price drops by VND218 per liter

The price of biofuel E5 RON92 dropped by VND218 per liter to VND19,252 per liter. That of RON95-III gasoline fell VND350 per liter to VND20,445 per liter. Diesel oil 0.05S slid by VND166 per liter to VND16,057 per liter. Kerosene decreased by VND121 per liter to VND15,137 per liter. Mazut oil sank VND299 per kilogram to VND12,517 per kilogram.

Along with that, the setting up level of the Fuel Price Stabilization Fund of E5 RON92 gasoline and diesel oil was VND100 per liter; of RON95 gasoline was VND300 per liter; of kerosene was VND200 per liter; and of mazut oil was VND700 per kilogram.

In addition, fuel wholesalers are not allowed to tap the fuel price stabilization fund whereas they were allowed to take VND200 per liter for RON95 gasoline from the fund previously.

By Ha My – Translated by Thuy Doan

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