Global oil markets remain firm as Brent crude trades at 76.24 USD per barrel and WTI trades at 72.45 USD per barrel. The latest international data show that Brent was 72.19 USD the previous day, 71.15 USD seven days ago, and 94.37 USD thirty days ago; WTI was 68.81 USD the previous day, 68.03 USD seven days ago, and 91.40 USD thirty days ago. The move higher comes amid geopolitical tensions around the Hormuz Strait and ongoing supply concerns tied to Iran, supporting crude benchmarks into the current session.
Domestically, the price list for fuel per liter shows that Region 2 pricing is consistently higher than Region 1 across all products. DO 0.001S-V is 23,270 VND/L in Region 1 and 23,730 VND/L in Region 2; DO 0.05S-II is 21,170 Region 1 and 21,590 Region 2; Gasoline E5 RON 92-II is 19,730 Region 1 and 20,120 Region 2; Kerosene 2-K is 20,960 Region 1 and 21,370 Region 2; Gasoline E10 RON 95-III is 20,410 Region 1 and 20,810 Region 2; Gasoline E10 RON 95-V is 21,610 Region 1 and 22,040 Region 2. Unit: VND per liter. Change: no changes reported today for any product.
Price differentials between Region 1 and Region 2 range from 390 to 460 VND per liter, with the largest gap observed for DO 0.001S-V at 460 VND and the smallest for Gasoline E5 RON 92-II at 390 VND. The persistent regional premium in Region 2 may reflect distribution costs, local taxation, or logistical factors rather than shifts in the core price today.
Market news over the past 24 hours highlight rising sentiment in oil markets. Headlines report that gasoline and oil prices advanced after a vessel attack near the Hormuz Strait and following a US move to revoke a license permitting Iran to sell oil, among other coverage. Several outlets note significant gains as geopolitical risk remains elevated, underscoring ongoing supply concerns in global markets.
In summary, domestic prices show regional dispersion with Region 2 remaining higher while global benchmarks hold firm, suggesting continued sensitivity to international developments. Today’s data indicate no recorded daily changes within the listed domestic products, signaling stability in the local pump prices despite global volatility.
