Petrol prices continue to decrease

May 22nd at 10:14
22-05-2017 10:14:46+07:00

Petrol prices continue to decrease

Prices of oil and petrol products continued to decrease from 3pm on Saturday, following the latest price adjustment by the Ministry of Industry and Trade and the Ministry of Finance.

 

The prices of RON 92 gasoline slightly dropped by VND211 per litre, while that of E5 bio-petrol and diesel oil declined by VND197 and VND343 per litre, respectively.

Following a joint decision by the ministries, RON 92 and E5 bio-petrol will be sold at a maximum price of VND17,063 (US$0.75) and VND16,871 per litre, respectively.

Meanwhile, the new ceiling prices of diesel 0.05S and kerosene are VND13,260 ($0.58) and VND11,792 ($0.52) per litre.

The average global price of RON 92 during the last 15 days until May 20 was $61,084 per barrel, down $1 compared with the previous price adjustment.

The prices of petrol and oil are adjusted every 15 days by the two ministries depending on the changes in the world market.

bizhub



NEWS SAME CATEGORY

Vissan buys more pigs to support cash-strapped farmers

To reduce oversupply and help farmers, Vissan Co. Ltd will buy and slaughter an additional 200 to 300 pigs a day, raising the company’s additional purchases over...

Shrimp export: Ca Mau seeks to earn $2b

Southernmost Ca Mau Province is striving to earn US$2 billion from shrimp exports by 2020, nearly doubling last year’s export revenue.

Thai, Vietnam rice prices hit multi-month high; India stays sluggish

Rice prices hit multi-month peak in Thailand and Vietnam this week on export prospects, while high rates in India kept buyers at bay, traders said on Thursday.

Gov’t issues tra fish rules

The Government has issued a decree on aquaculture management, and tra fish products processing and export, the Government Office reported this week.

Pepper price at six-year low on weak demand

Domestic pepper price recently slump to a six-year low due to weak demand.

Philippines likely to import more rice from VN

The Philippines is likely to import an additional 250,000 tonnes of rice from Viet Nam and Thailand.

Imported DAP fetiliser products under investigation

The Ministry of Industry and Trade issued Decision No.1682A/QĐ-BCT on safeguard measures against DAP fetiliser products imported into Viet Nam on May 12.

Vietnam’s fuel association calls for tax hikes as zero import duty nears

The Vietnam Petroleum Association has proposed various measures, including increasing several domestic taxes, to help protect the petroleum sector once import...

Japan becomes largest importer of VN’s shrimps

Japan has become the largest market for Vietnamese shrimps, accounting for 21.9 per cent of the country’s shrimp export value in the first quarter of 2017.

Region eyes global cashew co-operation

Binh Phuoc Province wants to strengthen co-operation with other provinces and cities as well as foreign countries to aid its industrial development, especially its...

Commodity prices


MOST READ


Back To Top