The retail prices of petrol were revised downwards on April 28 for the eighth time this year as a result of the latest review of the Ministry of Industry and Trade and the Ministry of Finance.
Hanoi (VNA) - The retail prices of petrol were revised downwards onApril 28 for the eighth time this year as a result of the latest review of theMinistry of Industry and Trade and the Ministry of Finance.
Starting from 3pm on April 28, the price of E5 RON92 biofuel has been slashedby 401 VND to 10,942 VND per litre and that of RON95-III by 308 VND to 11,631VND per litre.
The prices of diesel 0.05S and kerosene are now 9,941 VND per litre and 7,965VND per litre, down 882 VND and 674 VND per litre, respectively.
Mazut 180CST 3.5S is selling for 8,670 VND per kg, down 1,048 VND per kg.
The two ministries review fuel prices every 15 days to adjust domestic pricesin accordance with fluctuations in the global market.
Prices of E5 RON92 and RON95-III have fallen a cumulative 9,000 VND per litreeach since the b🍬eginning of the year./.
Vietnam’s oil and gas inventories are over 90 percent higher than the required level, meeting the domestic petroleum consumption demand in the next few months, according to the Vietnam Energy Association (VEA).
The retail prices of petrol continued to be adjusted down for the seventh time this year on April 13 in the latest regular review of the Ministry of Industry and Trade and the Ministry of Finance.
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Illustrative image (Photo: VNA) 
