Global oil markets traded higher on the day as investors weighed geopolitical risks and supply considerations. Brent crude sits at 97.76 USD per barrel, down from the previous day at 99.32 USD, with prices as high as 113.43 USD seven days ago and 103.87 USD thirty days ago. West Texas Intermediate (WTI) is at 90.34 USD per barrel, below yesterday's 91.34 USD, after hitting 104.12 USD seven days ago and 91.19 USD thirty days ago. The current level suggests a cautious stance with volatility brewing around regional tensions and potential shifts in crude supply, keeping markets attentive to headlines that could tilt near-term momentum.
Domestic fuel prices in Vietnam are presented by product and region. In Region 1, the following per-liter prices are observed: Diesel 0.001S-V at 30,090 dong, Diesel 0.05S-II at 28,690 dong, Gasoline E5 RON 92-II at 20,890 dong, Kerosene 2-K at 28,600 dong, Gasoline E10 RON 95-III at 21,150 dong, and Gasoline E10 RON 95-V at 22,650 dong. In Region 2, prices are slightly higher at 30,690 dong for Diesel 0.001S-V, 29,260 dong for Diesel 0.05S-II, 21,300 dong for Gasoline E5 RON 92-II, 29,170 dong for Kerosene 2-K, 21,570 dong for Gasoline E10 RON 95-III, and 23,100 dong for Gasoline E10 RON 95-V. Across all products, Region 2 carries a regional premium ranging from roughly 400 to 600 dong per liter, indicating a consistent regional differential in the current snapshot.
The dataset shows a dash for the change column across all items, indicating no price change from the last update in this period. This suggests price stability in the current report despite broader global price fluctuations, potentially reflecting local pricing mechanisms or regulatory cycles that cushion immediate movements within the domestic market.
Within the last 24 hours of market news, observers note a mixed sentiment: global oil prices recovered on geopolitical risk concerns while domestic prices in some outlets and regions were reported to ease. In this context, the price for E5 in Region 1 stood at 20,890 dong per liter, with several outlets reporting notable movements across E5, E10, and diesel in response to global trends and currency dynamics. Traders will continue to monitor geopolitical developments and macro indicators as they shape the trajectory of domestic fuel adjustments in the upcoming cycle.
