The price of RON 92 decreased by VND435 per litre from 5:00pm on July 5, according to the latest adjustment of the Ministry of Industry and Trade and the Ministry of Finance the same day.
The price of RON 92 decreased by VND435 per litre from 5:00pm on July 5, according to the latest adjustment of the Ministry of Industry and Trade and the Ministry of Finance the same day.
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The price of E5 bio-petrol was also cut by VND431 per litre while that of diesel oil 0.05S and kerosene were up by VND122 and VND285 per litre.
Accordingly, RON 92 and E5 bio-petrol are sold at no more than VND16,069 (US$0.706) and VND15,918 (US$0.7) per litre, respectively, while the new ceiling prices of diesel oil 0.05S and kerosene are VND12,957 (US$0.56) and VND11,665 (US$0.51) per litre.
The average global price of petrol products during the last 15 days to July 5 was at US$55.959 a barrel for RON 92, down 3.7%, and US$57.599 for diesel, down 0.2% compared to the previous price adjustment.
The prices of petrol and oil are adjusted every 15 days by the two ministries depending on changes in the world market.
