Global oil markets softened week on week as traders weigh demand signals and macro indicators. Brent crude is priced at 98.32 USD per barrel, with the previous day at 97.76, seven days ago at 111.58, and thirty days ago at 104.43. WTI crude stands at 90.83 USD per barrel, with the previous day at 90.34, seven days ago at 102.33, and thirty days ago at 91.66. These levels suggest a pullback from higher recent levels, which could influence near term margins for refined products and domestic pricing dynamics.
Domestic fuel prices in two regions are listed below (unit: VND per liter). DO 0.001S-V Region 1: 30,090 Region 2: 30,690 Change: -; DO 0.05S-II Region 1: 28,690 Region 2: 29,260 Change: -; Gasoline E5 RON 92-II Region 1: 20,890 Region 2: 21,300 Change: -; Kerosene 2-K Region 1: 28,600 Region 2: 29,170 Change: -; Gasoline E10 RON 95-III Region 1: 21,150 Region 2: 21,570 Change: -; Gasoline E10 RON 95-V Region 1: 22,650 Region 2: 23,100 Change: -. Unit: VND per liter
Price dispersion across regions is evident, with Region 2 generally pricing higher than Region 1. The differences range from about 410 VND per liter for Gasoline E5 RON 92-II to about 600 VND per liter for DO 0.001S-V, reflecting regional adjustments in supply costs or taxation components and transportMarkup that translate into regional price gaps for consumers.
Market news from the past 24 hours highlights a broad global retreat in oil prices and a continued easing trend in domestic fuel prices in several outlets. Reports emphasize that crude prices have moved lower during the week, contributing to domestic price pressures that keep pump prices under downward pressure. The latest data show gasoline blends remaining in the low 20k to low 23k VND per liter range, aligning with the global price backdrop and signaling ongoing sensitivity to crude price movements in the near term.
