Fuel prices cut slightly on August 12

Retail prices of some petrol products were reduced slightly in the latest review by the Ministry of Industry and Trade and the Ministry of Finance, with effect from 3pm on August 12.

Wednesday, August 12, 2020 17:26

Fuel prices cut slightly on August 12 ảnh 1

Illustrative image (Photo: VNA)

Hanoi (VNA) - Retail prices of some petrolproducts were reduced slightly in the latest review by the Ministry of Industryand Trade and the Ministry of Finance, with effect from 3pm on August 12.

The two ministries review fuel prices every 15 days tomake adjustments in accordance with fluctuations in the global market.

The price of RON95-III was cut by 51 VND per litre to amaximum of 14,922 VND per litre.

The price of E5RON92 remains unchanged at 14,409 VNDper litre.

The price of diesel 0.05S and kerosene are now at amaximum of 12,201 VND and 10,207 VND per litre, respectively, down 200 VND and72 VND per litre.

The price of Mazut 180CST 3.5S is also unchanged, atno more than 11,183 VND per kg.

Amid the complex developments of the COVID-19 pandemic,the two ministries have decided to use the petrol price stabilisation fund tokeep retail prices of petrol and mazut stable and reduce diesel and keroseneprices./.

VNA

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