Petrol prices revised down slightly in latest adjustment
VOV.VN - The retail prices of petrol witnessed a slight reduction in Vietnam as of 3 p.m. on December 28, according to an announcement jointly released by the Ministry of Industry and Trade and the Ministry of Finance.
The price of E5 RON 92 petrol went down by VND10 per litre to VND21,180 per litre, while that of RON 95 remained unchanged at VND22,140 per litre.
The price of diesel oil was capped at VND19,780 per litre, up by VND260 per litre. In contrast, kerosene oil was priced at VND20,450 per litre, dropping by VND40 per litre.
Besides, a kilogramme of mazut was offered at VND15,680, edging up VND420 compared to the previous adjustment.
In this latest price adjustment, the two ministries decided to make use of the petrol price stabilisation fund for mazut oil.
Since the outset of the year, petrol prices have undergone a total of 37 adjustments, including 19 rises, 14 drops, and four times when they remained unchanged.
In the world market, oil prices dropped nearly 2% on December 27, eating into the previous day's gains as investors monitored developments in the Red Sea, where shippers were returning despite further attacks on December 26.
Besides, US crude oil stockpiles fell with production cuts, these factors have caused world petroleum prices to fluctuate slightly in recent days, according to Reuters.
