Global oil markets recovered modestly as benchmark crude prices firmed. Brent crude stands at 113.34 USD per barrel, while WTI is at 99.54 USD per barrel. Compared with the previous day, Brent rose from 110.01 USD and WTI rose from 97.96 USD, signaling renewed bullish momentum. Looking at longer horizons, the 7 day Brent level sits around 109.69 USD and the 30 day level around 97.86 USD, highlighting a recent rebound from deeper lows and ongoing volatility over the past month.
Domestically, the fuel market shows regional price dispersion across products. Diesel variants display higher prices in Region 2 versus Region 1: DO 0.001S-V is 30,650 VND per liter in Region 1 and 31,260 VND per liter in Region 2, with a reported change of +450. Similarly DO 0.05S-II lists 29,250 VND per liter in Region 1 and 29,830 VND per liter in Region 2, with a change of +450. Gasoline grades show less movement: X gasoline E5 RON 92-II is 26,390 VND per liter in Region 1 and 26,910 VND per liter in Region 2, with no change indicated. The kerosene 2-K price is 30,050 VND per liter in Region 1 and 30,650 VND per liter in Region 2, with a change of -360. Gasoline E10 RON 95-III is 24,910 VND per liter in Region 1 and 25,400 VND per liter in Region 2, unchanged. Gasoline E10 RON 95-V is 25,710 VND per liter in Region 1 and 26,220 VND per liter in Region 2, unchanged. The regional differential across these products ranges roughly from 490 to 610 VND per liter, underscoring persistent price dispersion between Zone 1 and Zone 2.
The domestic data imply a pattern where diesel costs rise more noticeably in the second region, while gasoline blends remain relatively stable in the near term. The regional price gaps indicate ongoing distribution costs and localized demand dynamics that can widen the spread between regions, even as the national headline figures for gasoline show limited movement in this update period.
Market news over the last 24 hours highlights a mix of domestic price commentary and global oil dynamics. Headlines note declines in domestic gasoline prices in some reports and the implementation of a new pricing table following adjustments. Specific notes indicate E10 gasoline fell by 1,816 VND per liter and E5 by 1,610 VND per liter in the latest updates, aligning with broader discussions of retail adjustments while global crude benchmarks push higher as Brent reaches 113.34 USD per barrel and WTI sits near 99.54 USD per barrel. This combination of local price shifts and elevated international prices suggests continued volatility and potential further adjustments in the weeks ahead.
