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Petrol price drops again
A petrol station on Trần Hưng Đạo Street in Hà Nội. — VNS Photo Vũ Hoa
HÀ NỘI — The retail price of biofuel E 五 RON 九 二 fell sharply by VNĐ 一, 四 四 六 to a maximum of VNĐ 一 七, 一 八 一 (US$0. 七 三) per litre by 三pm on Thursday, the ministries of Industry and Trade and Finance announced.
The price of RON 九 五-III also dropped by VNĐ 一, 五 一 三 to a maximum of VNĐ 一 八, 四 五 九 per litre. Meanwhile, the prices of diesel 0.0 五S and kerosene were also reduced by VNĐ 一, 三 七 九 and VNĐ 九 九0 per litre to trade at VNĐ 一 六, 二 五 八 and VNĐ 一 五, 二 五 二 per litre, respectively.
The price of mazut 一 八0CST was lower by VNĐ 七 八 四 to VNĐ 一 四, 四0 二 per kilo.
The two ministries decided to keep the use of subsidies from the petrol price stabilisation fund unchanged.
Accordingly, subsidies for E 五 RON 九 二 were VNĐ 七00 per litre while those for RON 九 五 were VNĐ 九 五0 per litre. Those for diesel, kerosene and mazut were also at VNĐ 八00 per litre or kilo.
They reported that average world petrol prices in the past 一 五 days were trending downward with prices at $ 六 一,0 一 六 per barrel of RON 九 二, $ 六 二, 八 四 五 per barrel of RON 九 五, $ 七 四, 三 二 五 per barrel of diesel 0,0 五S and $ 七 六, 二 八 七 per barrel of kerosene. Meanwhile, the pre-tax price of ethanol E 一00 is VNĐ 一 四, 七 七 八 per litre.
The local petrol price has had four consecutive decreases since October 二 二. In the previous adjustment, the bio-fuel E 五 RON 九 二 was reduced by VNĐ 九 七 三 per litre, RON 九 五 by VNĐ 一,0 九 三 per litre, diesel by VNĐ 九0 七 per litre, kerosene by VNĐ 八 四 四 per litre and mazut by VNĐ 五0 八 per kilo. — VNS
