Petrol prices drop by over VND300 per liter

Petrol prices were adjusted down from 3 p.m. on February 22 by the Ministry of Industry and Trade (MoIT), and the Ministry of Finance due to falling global prices.

The retail price of E5RON92 bio-fuel dropped by VND356 to VND22,475 (US$0.91) per liter, while that of RON95-III was cut by VND320 to VND23,599 per liter

The prices of diesel and kerosene decreased by VND451 and VND300 to VND20,910 and VND20,921 per liter, respectively.

Meanwhile, the price of 180CST 3.5S mazut increased by VND23 to VND15,929 per kg.

The two ministries also decided not to use the petrol price stabilization fund.

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