Petrol prices move downward

The Ministry of Finance and the Ministry of Industry and Trade instructed businesses to cut retail petrol and oil prices by VND260-1,128 a liter on July 20.
Gasoline prices have slightly reduced since 3 p.m. on July 20 (Photo: SGGP)

Ron 92 price slid VND 260 to VND 20,120 a liter while ethanol gasoline E5 reduced VND 425 to VND 19,625 a liter.
Diesel and kerosene prices dropped VND 1,112 and VND 1,128 to cost VND 14,681 and VND 13,750 a liter respectively. Engine oil price was lessened VND 872 to VND 11,434 a kilogram.
The ministries instructed the businesses to keep contribution level to the price subsidization fund unchanged and stop using it.

By Ngoc Quang – Translated by Hai Mien

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