Gasoline price cut by VND600 per liter
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The retail prices of gasoline and other petroleum products have been cut for another time, by VND200-600 per liter/kg, according to a decision by the Finance Ministry.
The retail price of A92 and A95 gasoline has been reduced by VND600 per liter Photo: Tuoi Tre
>> Fuel prices slashed again following world trend
The price cut took effect at 7:00 pm today, June 2.
Accordingly, A92 and A95 gasoline prices were reduced by VND600 per liter to VND20,600 per liter and VND21,100 per liter respectively.
The prices of diesel oil and kerosene were cut by VND200 per liter to VND19,900 and VND19,850 per liter respectively .
The fuel oil price went down by VND300 per kilogram to VND17,650 per kilogram.
The price adjustments were made after the world oil prices continued to fall.
Thus, the retail prices of gasoline have been adjusted down 5 times so far this year with a total reduction of VND3,200 per liter.
Along with the price cut, the ministry decided to increase the import duty on gasoline and oil products by 2 percent.