Global oil markets are showing a measured pullback after recent volatility. Brent crude sits at 76.23 USD per barrel and WTI at 72.00 USD per barrel. By comparison, the previous day values were 76.08 USD for Brent and 71.81 USD for WTI, while 7 days ago Brent traded around 72.13 and 7 days ago WTI around 68.78, and 30 days ago Brent reached about 88.73 while WTI hovered near 86.13. This pattern suggests some stabilization in the near term despite a wider range over the last month.
Domestically, the price grid for fuel by region shows a consistent regional spread across most products. The DO 0.001S-V product is 23,840 VND per liter in Region 1 and 24,310 VND per liter in Region 2. DO 0.05S-II is 21,740 Region 1 and 22,170 Region 2. Gasoline E5 RON 92-II is 19,190 Region 1 and 19,570 Region 2. Kerosene 2-K is 21,610 Region 1 and 22,040 Region 2. Gasoline E10 RON 95-III is 20,000 Region 1 and 20,400 Region 2. Gasoline E10 RON 95-V is 21,200 Region 1 and 21,620 Region 2. All figures are in VND per liter. The regional gap ranges from roughly 380 to 470 VND per liter, with Region 2 consistently higher than Region 1.
No price changes are indicated in this update; the change column shows a dash for all products, signaling stability versus the prior update. This stability persists even as regional differentials remain a persistent feature of the domestic market, reflecting product type and distribution dynamics within the country’s fuel sector.
News and market sentiment over the past 24 hours point to a softening in world oil prices as investors weigh renewed expectations regarding the Hormuz Strait and global demand dynamics. Headlines note that RON 95 gasoline has approached the 20,000 VND per liter mark in domestic markets, while other stories emphasize a cooling tone in global benchmarks. Taken together, the data suggest a cautious near term backdrop for domestic pricing, with regional price differentials likely to persist absent policy changes or shifts in global supply dynamics.
