Global oil benchmarks show a softening backdrop over the past month, even as the current session presents a mixed picture. International Brent traded around 72.13 USD per barrel, essentially flat versus the previous day at 72.13, with values of 73.52 seven days ago and 93.09 thirty days ago. WTI stood near 68.24 USD per barrel, down from 68.78 the previous day, and quoted at 70.19 seven days ago and 90.54 thirty days ago. This pattern points to a softer longer horizon for crude despite short term fluctuations, which can influence domestic pricing trajectories over time.
In the domestic market, the listed prices are presented in VND per liter for two regions. The lowest price is Gasoline E5 RON 92-II in Region 1 at 19 730 VND per liter, while the highest is Gasoline E10 RON 95-V in Region 2 at 22 040 VND per liter. Other fuels span roughly 20 000 to 21 600 VND per liter, with Region 2 consistently higher than Region 1 across all items. The data shows small regional differentials ranging from 390 to 460 VND per liter, and all figures indicate no daily change from the previous measurement period.
Across gasoline, diesel, and kerosene, Region 2 prices carry a premium: Gasoline E5 RON 92-II shows a 390 VND per liter spread, Gasoline E10 RON 95-III 400, Gasoline E10 RON 95-V 430, Kerosene 2-K 410, Diesel Oil 0.05S-II 420, and Diesel Oil 0.001S-V 460. These regional differentials reflect distribution costs and logistics rather than shifts in national targeting, underscoring a relatively stable domestic price framework with localized pricing power.
News coverage over the last 24 hours highlights a softening tone in both domestic and global fuel markets. Internationally, Brent hovers near 72 USD per barrel and WTI around 68 USD per barrel, with longer horizon comparisons showing higher levels a week and a month ago. Domestically, reports indicate a broadly stable or mildly softer price environment, alongside ongoing global price adjustments as markets respond to macro developments and supply dynamics. Such context suggests the near term could see continued limited volatility, with regional price differentials likely to persist unless broader shifts in crude benchmarks occur.
Overall, today’s data depict a stable domestic pricing landscape with clear regional differentials that favor Region 1 for most fuels. The softer global crude backdrop supports a cautious view on near term movement, while the price spread between regions remains a key feature for market participants and consumers alike. Monitor the evolution of international crude prices and regional adjustments in the days ahead to gauge potential directional shifts in local pump prices.
