The retail prices of petrol plummeted from 3pm of March 29, making it the sixth consecutive reduction since the beginning of this year.

A woman has her motorbike refilled at a Petrolimex gas station (Photo: VNA)

Following the latest adjustment by the Ministry of Industry and Trade and the Ministry of Finance, the price of biofuel E5 RON92 fell by VND4,100 to VND11,956 (US$0.69) per litre at the highest, and that of RON95-III was also down by VND4,252 to VND12,560 per litre.

Meanwhile, the prices of diesel 0.05S and kerosene were VND11,259 per litre and VND9,141 per litre, down VND1,776 and VND2,705 per litre, respectively.

Mazut 180CST 3.5S is sold at no more than VND9,453 per kilogramme, down VND1,048 per kilogramme.

The two ministries review fuel prices every 15 days to adjust domestic prices in accordance with fluctuations in the global market.