Global oil markets traded higher today as geopolitical tensions around the Hormuz Strait supported prices. Brent crude rose to 76.24 USD per barrel and WTI traded at 72.45 USD per barrel. For context, the previous day Brent was 72.19 and WTI 68.81; seven days ago they stood at 71.15 and 68.03, and thirty days ago at 94.37 and 91.4. The move suggests tighter near term supply expectations that could feed into domestic pump prices in the coming days.
On the domestic side, the latest price sheet shows regional price differences across all listed products, with Region 2 prices higher than Region 1 for each item. No product shows a change from the prior update. All figures are in VND per liter. Diesel DO 0.001S-V is 23,270 VND in Region 1 and 23,730 VND in Region 2. Diesel DO 0.05S-II is 21,170 VND in Region 1 and 21,590 VND in Region 2. Gasoline E5 RON 92-II is 19,730 VND in Region 1 and 20,120 VND in Region 2. Kerosene 2-K is 20,960 VND in Region 1 and 21,370 VND in Region 2. Gasoline E10 RON 95-III is 20,410 VND in Region 1 and 20,810 VND in Region 2. Gasoline E10 RON 95-V is 21,610 VND in Region 1 and 22,040 VND in Region 2.
Price spreads between Region 2 and Region 1 range from 390 to 460 VND per liter. The largest premium is for DO 0.001S-V at 460 VND, while the smallest gap is for Gasoline E5 RON 92-II at 390 VND. Other observed differentials are 420 VND for DO 0.05S-II, 410 VND for Kerosene 2-K, 400 VND for Gasoline E10 RON 95-III, and 430 VND for Gasoline E10 RON 95-V. There were no reported changes in any listed price in this update.
Top energy news in the last 24 hours indicates that oil and gasoline prices rose on reports of shipping disruptions near the Hormuz Strait and ongoing geopolitical developments affecting Iran. International benchmarks for Brent and WTI advanced, reflecting tighter supply expectations. These global signals suggest that domestic prices could experience further volatility in the near term, reinforcing the regional price differentials observed today.
