Petrol prices dip to ten-year low

The retail prices of petrol sharply decreased by over VND 4,000 per liter from March 29, marking it the record low over the last ten years. 
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petrol prices dip to ten year low
Petrol prices between Jan 15-March 29.

The Ministry of Industry and Trade and the Ministry of Finance have recently decided to cut retail prices of biofuel E5 RON92 by VND 4,100 to VND 11,956 (US$ 0.69) per liter at the highest, and that of RON95-III was also reduced by VND 4,252 to VND 12,560 per liter.

The prices of diesel 0.05S and kerosene were VND 11,259 per liter and VND 9,141 per litre, down by VND 1,776 and VND 2,705 per liter, respectively.

Price of Mazut 180CST 3.5S was VND 9,453 per kilogram, down VND 1,048 per kilogram.

This was the sixth consecutive reduction since the beginning of this year.

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(Source: VGP)