Global oil markets are trading with Brent crude at 72.23 USD per barrel and WTI at 68.79 USD per barrel. Previous day readings stood at 72.13 for Brent and 68.23 for WTI, while 7 days ago Brent was 73.38 and WTI was 70.06, and 30 days ago Brent reached 95.44 while WTI was 92.74. The current levels suggest a modest stabilization after a period of volatility, with Brent in the low to mid 70s and WTI in the high 60s to around 70.
In the domestic market, prices are unchanged today across regions. The latest quotes (in VND per liter) are shown below with Region 2 running higher than Region 1. Unit: VND per liter. Diesel Oil 0.001S-V: Region 1 23,270; Region 2 23,730. Diesel Oil 0.05S-II: Region 1 21,170; Region 2 21,590. Gasoline E5 RON 92-II: Region 1 19,730; Region 2 20,120. Kerosene 2-K: Region 1 20,960; Region 2 21,370. Gasoline E10 RON 95-III: Region 1 20,410; Region 2 20,810. Gasoline E10 RON 95-V: Region 1 21,610; Region 2 22,040. Change: no change today in either region.
Price dispersion across fuel categories shows Region 2 carrying a small premium across the board, with the largest regional differentials seen in the premium gasoline segments. The spread ranges from roughly 390 to 460 VND per liter depending on product, reflecting regional pricing variations rather than shifts in daily level. For consumers, Region 2 faces slightly higher costs across most products today, while the actual price moves reflect a flat update rather than a directional change.
Past 24 hours market news indicates a wait and see stance as global supply expectations evolve. Reports note a retreat in oil prices toward pre conflict levels amid signals that OPEC+ will increase production, with other headlines highlighting ongoing global supply growth and continued softness in gasoline prices in some markets. In the headlines, some reports note E10 prices easing by nearly 5,000 dong per liter in certain markets. In this context, international benchmarks remain in a volatile but contained range, signaling cautious optimism for near term fuel pricing and a potential stabilization trend for the domestic market as regional spreads persist.
