Petrol prices down VND500/litre

(VOV) - The retail price of A92 petrol was cut by VND500 to VND23,150 per litre as of 18.00 pm on November 11.

A similar VND500 cut was also applied to F.O oil, according to a November 11 decision jointly released by the Ministry of Finance and the Ministry of Industry and Trade.   

However, the prices of kerosene and diesel remain unchanged at VND21,900/litre and VND21,850/litre, respectively.

The decision follows a successive fall in global oil prices in the first half of November.

This is the first time since August 2012 petrol prices have been slashed to keep up with the global oil market trend.

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