Global crude prices rose today as markets weigh supply dynamics and macro factors. Brent crude trades at 99.32 USD per barrel (previous day 94.88; 7 days ago 112.33; 30 days ago 100.98). WTI crude trades at 91.25 USD per barrel (previous day 88.29; 7 days ago 102.95; 30 days ago 88.91). While both benchmarks are firmer versus yesterday, they remain below last week’s highs and show a choppy path over the past month.
On the domestic fuel market, prices across the main products were trimmed in today’s revision. Diesel 0.001S-V in Region 1 is 30,090 VND per liter and 30,690 VND per liter in Region 2, down 180 VND. Diesel 0.05S-II is 28,690 in Region 1 and 29,260 in Region 2, down 180. Gasoline E5 RON 92-II is 20,890 in Region 1 and 21,300 in Region 2, down 2,310. Kerosene 2-K is 28,600 in Region 1 and 29,170 in Region 2, down 410. Gasoline E10 RON 95-III is 21,150 in Region 1 and 21,570 in Region 2, down 2,080. Gasoline E10 RON 95-V is 22,650 in Region 1 and 23,100 in Region 2, down 1,580. The two regional prices show consistent differentials with Region 2 maintaining higher levels across all products.
Market structure suggests domestic declines across all major fuels despite firmer global crude. The range of declines, from roughly 180 to over 2,300 VND per liter, points to a broad adjustment in retail margins or policy-led pricing. The spread between regions remains narrow for most products, indicating parallel pass-through of international movements into local prices with Region 2 priced higher by several hundred VND per liter on each product.
News from the past 24 hours shows global oil prices turning higher on supply dynamics and macro factors. Reports note that gasoline types E10 RON 95 and E5 RON 92 have fallen by more than 3,000 VND per liter since the start of November, with E5 showing the largest drop in some outlets. The overall picture is global prices firming while domestic prices ease in the latest adjustment, reflecting the ongoing transmission of international moves into local pump prices.
