Global oil markets exhibit a mixed but mostly steady tone as the latest data shows Brent crude around 93.56 USD per barrel and West Texas Intermediate at 86.64 USD per barrel. The current Brent price is unchanged from the previous day, with 7 days ago at 91.12 and 30 days ago at 85.14, signaling a notable rise over the past week and month. WTI, also flat from yesterday at 86.64, traded at 84.82 seven days ago and 87.28 thirty days ago, indicating a short term wobble but a longer term uptick from the prior month. Overall, the global picture suggests cautious persistence of higher levels without a dramatic move in the near term.
In the domestic fuel market, prices are listed per liter for two regions with a clear regional differential. Across the products shown, Region 2 is consistently priced higher than Region 1. Specifically, DO 0.001S-V is 30,640 VND per liter in Region 1 and 31,250 VND per liter in Region 2; DO 0.05S-II is 28,540 VND in Region 1 and 29,110 VND in Region 2; X gasoline E5 RON 92-II is 21,830 VND in Region 1 and 22,260 VND in Region 2; kerosene 2-K is 27,290 VND in Region 1 and 27,830 VND in Region 2; X gasoline E10 RON 95-III is 22,660 VND in Region 1 and 23,110 VND in Region 2; X gasoline E10 RON 95-V is 24,060 VND in Region 1 and 24,540 VND in Region 2. All figures are in the unit of VND per liter, and the data shows no daily change for any product, implying broad price stability across both regions.
The observed regional gap indicates a persistent price dispersion between Region 1 and Region 2 that may reflect distribution costs, logistics, or regional pricing strategies rather than immediate market shifts. With global benchmarks holding relatively steady, the domestic market appears to be maintaining stability, suggesting that near term price movements will hinge on any fresh developments in international crude sentiment and domestic margin dynamics rather than abrupt local shocks.
Notable market news from the past 24 hours highlights a mix of signals. Several outlets report a slight decline in gasoline and oil prices on the world stage, while other sources note domestic price movements and potential thresholds such as E10 RON95 and E5 RON92 approaching 17,000 VND per liter and various mentions of diesel price competitiveness. The overall narrative points to a cautious tone: global prices ease modestly in some reports while domestic prices hold firm, with traders watching for any new catalysts that could influence the next short term direction.
