At 4pm yesterday, the PetroVietnam Oil Corporation (Petrolimex) decreased its petrol prices by between 400 and 500 VND per litre.  As a result, in Da Nang the retail price per litre of 92 RON petrol is now 24,810 VND, whilst 95 RON is 25,410 VND.

In addition, the price per litre of kerosene has dropped by 140 VND to 22,320 VND, and diesel 0.05S is down 160 VND to 22,170 VND.

The price of a kilogram of Mazut 3.0s remains unchanged at 18,810 VND, whilst that of Mazut 3.5S dropped by 70 VND to 18,440 VND.

This is the third consecutive decrease in domestic petrol and diesel prices since mid-July.  The main reason is thought to be that the world fuel prices have shown a downward trend over the last 30 days.