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Petrol down again

Released at: 15:55, 03/11/2015

Petrol down again

Price cut for sixth time this year on November 3.

by Hung Nguyen

Retail petrol prices were cut again from 3pm on November 3 under a document sent to petroleum enterprises by the Ministry of Industry and Trade and the Ministry of Finance.

The price of RON 92 was cut VND768 ($0.03) per liter to VND17, 232 ($0.77), while the price for E5 was cut VND873 ($0.04) per liter to VND16,737 ($0.75).

Diesel is down VND377 ($0.02) per liter to VND13, 513 ($0.61), kerosene VND477 ($0.02) to VND12,523 ($0.56), and Mazut VND309 ($0.01) to VND9,571 ($0.43).

Prices have increased six times totaling VND5,840 ($0.26) per liter since the beginning of the year and fallen nine times by a total of VND6,492 ($0.29).

Product

Former retail price

New retail price

RON 92

18,000 ($0.81)

17,232 ($0.77)

E5

17,610 ($0.79)

16,737 ($0.75)

Diesel 0,05S

13,890 ($0.62)

13,513 ($0.61)

Kerosene

13,000 ($0.58)

12,523 ($0.56)

Mazut

9,880 ($0.44)

9,571 ($0.43)

 

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