Illustrative photo (Source: Internet)

Retail sale prices of petrol products were adjusted down from 3pm on May 30 by the Ministry of Industry and Trade, and the Ministry of Finance.

Accordingly, the price of E5RON92 bio-fuel was cut by 518 VND to 21,759 VND (0.85 USD) per litre, while that of RON95-III fell by 694 VND to 22,519 VND per litre.

Meanwhile, the price of diesel 0.05S reduces by 90 VND per litre to 19,747 VND while the kerosene is now priced at 19,931 VND per litre, up 29 VND.

Mazut oil 180CST 3.5S is sold at 17,538 VND per kg, 25 VND higher than the previous adjustment.

The two ministries also decided not to use the petrol price stabilisation fund.