Global oil markets are watching supply and demand dynamics within a narrow range as traders weigh the outlook for shipments and economic activity. International Brent crude trades around 81.89 USD per barrel, with a 7 day level near 85.14 and a 30 day level near 76.16. WTI sits about 78.02 USD per barrel, with a 7 day level around 87.28 and a 30 day level near 72.36. This backdrop suggests limited upside pressure in the near term while liquidity and refinery margins remain key near term drivers for domestic pricing in the region.
Domestically, price updates show all listed fuel products rising in the latest update, with a persistent regional premium in Region 2 versus Region 1. Diesel 0.001S-V is 29,720 VND per liter in Region 1 and 30,310 VND per liter in Region 2, a rise of 4,300 for the update. Diesel 0.05S-II is 27,620 VND per liter in Region 1 and 28,170 VND per liter in Region 2, up 4,300. Gasoline E5 RON 92-II is 22,380 VND per liter in Region 1 and 22,820 VND per liter in Region 2, up 2,560. Kerosene 2-K is 27,400 VND per liter in Region 1 and 27,940 VND per liter in Region 2, up 2,810. Gasoline E10 RON 95-III is 22,850 VND per liter in Region 1 and 23,300 VND per liter in Region 2, up 2,300. Gasoline E10 RON 95-V is 24,250 VND per liter in Region 1 and 24,730 VND per liter in Region 2, up 2,500. All figures are in VND per liter and reflect the latest regional adjustments.
The price gap between Region 2 and Region 1 ranges from about 440 to 590 VND per liter across products, translating to roughly 2 percent premium in Region 2 for each category. The pattern shows a coordinated uplift across diesel and gasoline segments, with kerosene and the newer gasoline blends following the same regional premium trajectory. The regional differentials highlight the importance of local pricing mechanics and distribution costs in shaping domestic consumer prices, even as global benchmarks hover in a similar band.
Notable market news from the past 24 hours centers on mixed moves in global fuel markets driven by expectations of resuming shipping through the Hormuz Strait and subsequent impacts on supply sentiment. Several outlets report world oil prices edging higher again, while domestic markets monitor an anticipated price adjustment at 3 PM, with some analysts forecasting gasoline could fall as much as 1,000 VND per liter later in the day. These developments underscore the interplay between international oil directions and local policy timing as traders gauge the next set of price actions.
