Global oil markets have cooled, with Brent crude at 94.83 USD per barrel and West Texas Intermediate (WTI) at 88.23 USD per barrel. Previous day Brent traded around 104.1 USD, seven days ago 111.41 USD, and 30 days ago 101.18 USD; WTI was about 96.5 USD the previous day, 102.74 USD a week ago, and 89.96 USD 30 days earlier. The softening in global benchmarks points to lighter inflationary pressure from energy and may influence domestic fuel pricing dynamics in the near term.
Domestic price data show all listed fuel products priced by region with Region 2 consistently higher than Region 1. Diesel 0.001S-V is 30,270 VND per liter in Region 1 and 30,870 in Region 2; Diesel 0.05S-II is 28,870 Region 1 and 29,440 Region 2; Gasoline E5 RON 92-II is 23,200 Region 1 and 23,660 Region 2; Kerosene 2-K is 29,010 Region 1 and 29,590 Region 2; Gasoline E10 RON 95-III is 23,230 Region 1 and 23,690 Region 2; Gasoline E10 RON 95-V is 24,230 Region 1 and 24,710 Region 2. No changes are reported for any product today. Unit: VND per liter.
Across the gasoline grades, the premium from E5 to E10 remains narrow, with E10 RON 95-III priced only about 30 VND above E5 RON 92-II in both regions, while the higher octane E10 RON 95-V commands roughly 1,000 VND more than the corresponding 95-III level in Region 1 and about 1,020 VND more in Region 2. Diesel and kerosene show wider regional differentials of roughly 570 to 600 VND, indicating regional pricing or supply dynamics beyond the base price trend. These patterns imply that regional markets continue to diverge even as the overall domestic price list shows no day-to-day changes.
Market news in the last 24 hours highlights that domestic gasoline prices E5 RON92 and E10 RON95 have pulled back from peak levels by about 7,000 VND per liter in recent days. Globally, oil prices have declined sharply, with reports of roughly a 9 percent drop in world markets, raising the prospect of further downward pressure on energy costs. Several outlets also cited fluctuations in Brent and other benchmarks, with coverage noting movements around or above the 100 USD threshold in different timeframes. Taken together, the domestic price matrix and global trends point to cautious optimism for lower fuel costs in the near term while regional price spreads persist.
