Retail petrol prices fall in September 25 adjustment session

Retail petrol prices fall in September 25 adjustment session

The maximum retail price of E5RON92 bio-fuel now is VNĐ19,618 (US$0.74) per litre, down VNĐ368 from the current base price

People buy petrol at a station in Hà Nội. — VNA/VNS Photo

Retail petrol prices turned downward on the afternoon of September 25, following the price adjustment decision by the Ministry of Industry and Trade and the Ministry of Finance.

Accordingly, from 3 pm, the maximum retail price of E5RON92 bio-fuel is VNĐ19,618 (US$0.74) per litre, down VNĐ368 from the current base price and being VNĐ547 lower than RON95-III gasoline. RON95-III gasoline is now sold at no more than VNĐ20,165 per litre, down VNĐ443.

Meanwhile, the price of Diesel 0.05S is set at VNĐ18,658 per litre at the maximum, down VNĐ47.

In contrast, the price of kerosene and mazut 180CST 3.5S are capped at VNĐ18,628 per litre and VNĐ15,209 per kg, up VNĐ84 and VNĐ79, respectively.

The two ministries also announced that no deductions or disbursements from the petrol price stabilisation fund will be made for all products.

Since the beginning of this year, domestic fuel prices have undergone 40 adjustment sessions. Of these, RON95 gasoline recorded 22 increases and 18 decreases, while diesel saw 20 increases, 19 decreases, and one unchanged. 

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