Domestic retail fuel prices cut for third consecutive time

Domestic retail fuel prices were reduced for the third time in a row this year, following a joint decision by the Ministry of Industry and Trade and the Ministry of Finance, effective from 3 pm on March 13.
Fuel prices cut for third consecutive time
Fuel prices cut for third consecutive time.

Domestic retail fuel prices were reduced for the third time in a row this year, following a joint decision by the Ministry of Industry and Trade and the Ministry of Finance, effective from 3 pm on March 13.

Accordingly, the price of E5RON92 gasoline is capped at 19,281 VND (0.76 USD) per litre, down 680 VND, while RON95-III is priced at no more than 19,649 VND per litre, a decrease of 753 VND.

Diesel 0.05S now costs 17,898 per litre down 435 VND, and kerosene is sold at 18,090 VND per litre, a reduction of 483 VND.

Meanwhile, mazut 180CST 3.5S is priced at 16,995 VND per kilogram, down 155 VND.

Authorities decided not to use the petrol price stabilisation fund for this adjustment.

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(Source: VNA)