Global oil markets present a mixed tone as the latest closes show Brent at 85.14 USD per barrel and WTI at 87.28 USD per barrel. Looking at the 1 day, 7 day, and 30 day data, Brent traded higher about a week ago at 88.1 and has eased to the current level, while WTI moved from 81.78 seven days ago to 87.28 today. The 30 day readings place Brent at 75.16 and WTI at 71.54, signaling a stronger rebound for WTI from a month ago. Taken together, near term prices are hovering in the mid-80s for both benchmarks, with WTI showing more recent strength relative to a month earlier, consistent with a broad range rather than an abrupt near term move.
In the domestic market, price movements are unchanged across Region 1 and Region 2 for all listed fuels. Prices are as follows: DO 0.001S-V at 25 420 VND per liter in Region 1 and 25 920 VND per liter in Region 2; DO 0.05S-II at 23 320 and 23 780; Gasoline E5 RON 92-II at 19 820 and 20 210; Diesel 2-K at 24 590 and 25 080; Gasoline E10 RON 95-III at 20 550 and 20 960; Gasoline E10 RON 95-V at 21 750 and 22 180. All changes are reported as unchanged. Unit: VND per liter.
The absence of recorded changes across the domestic products, set against a backdrop of global crude prices in the mid-80s, suggests a period of price stability within a narrow band. The modest regional spreads indicate a uniform pricing approach across Region 1 and Region 2, with drivers likely anchored in regional demand and regulatory factors rather than rapid shifts in input costs.
Market news over the past 24 hours highlights a softening trend in world oil after tensions in the Middle East eased and markets awaited policy signals from the Federal Reserve. Headlines note a near 4 percent decline in global oil prices while domestic levels remain anchored at the newly set prices, signaling a cautious stance from suppliers and consumers as the price path evolves.
