Retail prices of petrol products were adjusted down from 3pm on September 12 by the Ministry of Industry and Trade and the Ministry of Finance.Accordingly, the price of E5RON92 bio-fuel was cut by 1,089 VND per litre to no more than 18,890 VND (0.77 USD) per litre, while that of RON95-III fell by 1,192 VND to 19,635 VND per litre at the maximum.
Meanwhile, diesel 0.05S is capped at 17,165 VND per litre, down 927 VND per litre. The kerosene price is not higher than 17,790 VND per litre, down 934 VND per litre.
Mazut oil 180CST 3.5S is now sold at not higher than 14,467 VND per kg, down 688 VND.
The two ministries also decided not to use the petrol price stabilisation fund this time.