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Vietnam cuts fuel price the 7th consecutive time to record low $0.48 a liter

Khanh Minh Monday | 04/13/2020 17:45

Vietnam cuts fuel price the 7th consecutive time to record low $0.48 a liter. Photo: VnExpress

Vietnam reduced prices of gasoline by about VND600 ($0.025) per liter, a seventh consecutive time since early this year, Ministries of Industry and Trade and Finance announced the reduction of prices.

Accordingly, the E5RON92 gasoline price drops by VND613 a liter to VND11,343 while RON95-III gasoline will be sold at VND11,939 per liter, a reduction of VND 621.

Diesel oil 0.05S will be sold at VND10,823 per liter, a decrease of VND436, while kerosene decreased by VND502 per liter, making the maximum price at VND8,639 a liter.

As the world petrol and oil price continues to decline, the ministries do not use the fund for price stabilization at this period.

► Vietnam cuts retail fuel prices for a second time in March, by up to $0.18 per liter

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