Global oil markets were relatively steady with a modest uptick in the latest session. Brent crude currently stands at 76.23 USD per barrel, up from 76.08 USD the previous day, with 7 day and 30 day references at 72.19 USD and 87.33 USD respectively. WTI crude trades near 72.00 USD per barrel, up from 71.81 USD the previous day, with 7 day and 30 day readings at 68.81 USD and 84.88 USD. This configuration points to a cautious tone as investors weigh geopolitical risk alongside shifting demand expectations for the near term.
Domestically, fuel prices show a regional split with Region 2 consistently priced higher than Region 1 across the listed products. The prices (in VND per liter) are as follows: Diesel DO 0.001S-V Region 1 23,840; Region 2 24,310; Diesel DO 0.05S-II Region 1 21,740; Region 2 22,170; Gasoline E5 RON 92-II Region 1 19,190; Region 2 19,570; Kerosene 2-K Region 1 21,610; Region 2 22,040; Gasoline E10 RON 95-III Region 1 20,000; Region 2 20,400; Gasoline E10 RON 95-V Region 1 21,200; Region 2 21,620. Change figures show a dash for all entries, indicating no change from the previous update. Unit: VND / liter.
By fuel type, the data suggests E5 RON 92 remains the most affordable gasoline option among those listed, while higher octane variants such as E10 RON 95-III and E10 RON 95-V command higher prices in both regions. The regional differentials are most pronounced for diesel and kerosene, with Region 2 prices typically about 380 to 470 VND per liter higher. Overall, regional pricing dynamics show a persistent gap, with Region 2 carrying the higher cost burden across the board while daily changes remain flat.
Market news from the past 24 hours highlights a mixed yet cautious demand backdrop for fuel. Reports note that E10 gasoline is described as very inexpensive today, with forecasts suggesting a potential further drop of around 500 dong per liter in the next cycle. On the international front, analysts expect a rise in oil prices in the near term as geopolitical tensions intensify, and headlines indicate Brent briefly topped the 78 USD per barrel mark amid Middle East risk, while WTI sits around 72 USD per barrel. The macro environment is also influenced by policy signals, including new warnings from the Federal Reserve, underscoring cautious sentiment as markets navigate the week ahead.
