At 5:00 PM on September 22, world oil prices continued their sharp decline. WTI oil price was at 89.43 USD/barrel, down 2.94 USD/barrel, equivalent to a decrease of 3.18%. Brent oil was at 97.73 USD/barrel, down 2.61 USD/barrel, equivalent to a decrease of 2.6%.
Oil prices are trading in a strong support zone, so the possibility of further deep decline in the short term is assessed as low. The market may experience a recovery momentum in the near future, especially when geopolitical tensions in the Middle East still pose risks to supply. However, the developments of US-Iran negotiations and Saudi Arabia's oil export situation will continue to determine price trends in the coming sessions.
According to the Ministry of Industry and Trade, the world gasoline and oil market in this operating period is affected by key factors such as: Unfavorable prospects for ending the conflict between the US and Iran; escalating conflict in the Middle East between Houthi forces and Saudi Arabia, Houthi forces attacking Saudi Arabia causing fires at some oil facilities and oil pipelines; US Federal Reserve (Fed) raising interest rates; conflict between Russia and Ukraine continuing, targeting each other's energy facilities...
The above factors have caused world finished gasoline and oil prices in recent days to increase and decrease depending on the item, but the upward trend is main.
Gasoline and oil prices on the market on September 22, 2026 are as follows:
- E5 RON92 gasoline: not higher than 25,139 VND/liter (an increase of 1,395 VND/liter compared to the current maximum selling price), lower than E10 RON95-III gasoline by 497 VND/liter.
- E10 RON95-III gasoline: not higher than 25,636 VND/liter (an increase of 1,397 VND/liter compared to the current maximum selling price).
- Diesel oil 0.05S: not higher than 29,945 VND/liter (an increase of 1,460 VND/liter compared to the current maximum selling price).
- 180CST 3.5S mazut oil: not higher than 19,196 VND/kg (an increase of 1,039 VND/kg compared to the current maximum selling price).
Gasoline and oil selling prices of neighboring countries of Vietnam on September 17, 2026:
- Regarding gasoline prices: Thailand: 31,294 VND/liter (Government subsidies); Cambodia: 30,697 VND/liter (Government subsidies); Laos: 52,506 VND/liter; China: 31,719 VND/liter (Government price control); Vietnam: 25,886 VND/liter.
- Regarding oil prices: Thailand: 31,894 VND/liter (Government subsidies); Cambodia: 34,854 VND/liter; Laos: 44,184 VND/liter; China: 30,626 VND/liter (Government price control); Vietnam: 29,945 VND/liter.
Vietnam's gasoline and oil prices are at a low level compared to countries sharing a common border.
