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Petrolimex cuts fuel prices for sixth time since August

Oct 1st at 15:00
01-10-2014 15:00:36+07:00

Petrolimex cuts fuel prices for sixth time since August

The Viet Nam National Petroleum Group (Petrolimex) reduced the selling price of RON 92 gasoline by VND150 (0.7 US cent) per litre to VND23,560 ($1.11) at 3pm yesterday.

The prices of 0.05S diesel and kerosene also declined by VND380 (1.7 cents) and VND320 (1.5 cents) per litre to VND21,120 ($0.99) and VND21,350 ($1) respectively.

The price of Mazut will also be reduced by VND320 (1.5 cents) per kilo.

The selling price of RON 92 gasoline was VND141 (0.6 cents) per litre higher than the base price, according to officials of the Ministries of Finance and Industry and Trade.

This is the sixth time that retail prices have been cut since August. The last price cut was on September 19.

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