Business

Petrol prices slightly drop

The Ministry of Industry and Trade and Ministry of Finance decreased prices of all oil and petrol products from 3:00pm on May 5.
Petrol prices slightly drop ảnh 1A petrol station prepares to adjust prices (Photo: VNA)

Hanoi (VNA) – TheMinistry of Industry and Trade and Ministry of Finance decreased prices of alloil and petrol products from 3:00pm on May 5.

Accordingly, the prices of RON 92 slightly dropped by 309 VNDper litre to be sold no more than 17,274 VND (76 US cent) per litre.

The prices of E5 bio-petrol declined by 314 VND per litre to trade at a maximumof 17,068 VND (75 US cent) per litre while the new ceiling prices of diesel oil0.05S and kerosene are 13,603 VND (59 US cent) per litre and 12,053 VND (53 UScent) per litre.

According to the two ministries, the average global price of RON 92 during thelast 15 days to May 5 was 62,147 USD per barrel, down 4 USD from the previousadjustment.

The prices of petrol and oil are adjusted every 15 days depending on changes inthe world market. - VNA
VNA
#petrol prices#drop#RON 92#E5 bio-petrol#diesel oil#petrol products
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