Global oil markets are softer as traders weigh demand signals and supply dynamics. International Brent crude is at 92.31 USD per barrel, with the previous day at 97.64, 7 days ago at 104.1, and 30 days ago at 103.94. West Texas Intermediate (WTI) stands at 86.49 USD per barrel, after yesterday's 90.43, with 7 days ago at 96.5 and 30 days ago at 91.13. This softer tone across energy benchmarks provides a cautious backdrop for the domestic fuel market in the near term.
Domestic price updates for the fuel market show stability across the listed products in both regions, with no changes recorded in the latest update. The prices are shown in two regions and are stated in VND per liter as follows: Diesel Oil 0.001S-V at 30,090 VND/L in Region 1 and 30,690 VND/L in Region 2; Diesel Oil 0.05S-II at 28,690 VND/L in Region 1 and 29,260 VND/L in Region 2; Gasoline E5 RON 92-II at 20,890 VND/L in Region 1 and 21,300 VND/L in Region 2; Kerosene 2-K at 28,600 VND/L in Region 1 and 29,170 VND/L in Region 2; Gasoline E10 RON 95-III at 21,150 VND/L in Region 1 and 21,570 VND/L in Region 2; Gasoline E10 RON 95-V at 22,650 VND/L in Region 1 and 23,100 VND/L in Region 2. Unit: VND / liter.
Price differentials between Region 1 and Region 2 show Region 2 consistently higher across all listed products, with gaps ranging roughly from 410 to 690 VND per liter. Specifically, Diesel Oil 0.001S-V is 600 VND/L higher in Region 2, Diesel Oil 0.05S-II is 570 VND/L higher, Gasoline E5 RON 92-II is 410 VND/L higher, Kerosene 2-K is 570 VND/L higher, Gasoline E10 RON 95-III is 420 VND/L higher, and Gasoline E10 RON 95-V is 450 VND/L higher in Region 2.
All listed items show no change versus the previous update, indicating price stability across the domestic pump network for the current cycle.
Market news from the last 24 hours highlights a broad slide in global oil prices. Brent is at 92.31 USD per barrel and WTI at 86.49 USD per barrel, with yesterday's levels at 97.64 and 90.43 respectively and 7-day readings around 104.1 for Brent and 96.5 for WTI, and 30-day levels near 103.94 and 91.13. One outlet notes Brent trading at its lowest in about two months, reflecting ongoing volatility in the energy complex. These global movements provide the backdrop for today’s domestic pricing landscape.
