Petrol prices fall on May 5

(ĐN) - The Ministry of Industry and Trade, and the Ministry of Finance decided to reduce retail prices of petrol products from 3 pm on May 5.

Accordingly, E5 RON92 petrol has been capped at VND19,154 per litre, reduced by VND84, while RON95-III petrol now costs VND19,586 per litre, dropped by VND52 compared to that of previous adjustment.

Petrol prices fall from 3pm on May 5

The price of diesel was adjusted to VND17,359 per litre (down VND165), while those of kerosene were 17,564 VND per litre (down VND151) and mazut priced at 16,198 VND per kilogram (down 326 VND)

There have been 18 adjustments of fuel prices since the beginning of this year. Particularly, RON95-III petrol has experienced nine price hikes and nine cuts. Diesel oil has increased eight times and decreased nine times.

Reported by H.Quan