According to a survey at 9:46 p.m. on December 10, world oil prices decreased slightly. WTI crude oil prices fell by 0.38 USD/barrel (down 0.56%), down to 57.87 USD/barrel. Brent oil price decreased by 0.45 USD/barrel (down 0.73%), down to 61.49 USD/barrel.
Oil prices remained relatively stable on Wednesday after the previous session's nearly 1% decrease, as investors continued to monitor the progress of peace negotiations between Russia and Ukraine, while waiting for the US interest rate decision.
According to the Ministry of Industry and Trade, the world petroleum market this time (from November 27, 2025 to December 3, 2025) is affected by main factors such as: OPEC+ decided to keep oil production unchanged until the end of 2026; increased tensions between the United States and Venezuela; military conflict between Russia and Ukraine continues; the United States and Russia have not reached an agreement to end the conflict in Ukraine... The above factors have caused world petroleum prices in recent days to increase and decrease depending on each commodity.
For the domestic market, VPI's machine Learning-based gasoline price forecasting model shows that in the operating period tomorrow, December 11, 2025, retail gasoline prices may decrease by 0.3-2% compared to the previous operating period, if the Ministry of Finance - Industry and Trade does not set aside or use the Petroleum Price Stabilization Fund.
According to Mr. Doan Tien Quyet, data analysis expert of VPI, retail price of E5 RON 92 gasoline may decrease by 218 VND (1.1%) to 19,602 VND/liter, while RON 95-III gasoline is forecast to decrease by 411 VND (2%) to 20,049 VND/liter.
VPI's model predicts that in this period, diesel prices may decrease by 1.1% to VND 18,187/liter, kerosene may decrease by 0.9% to VND 18,716/liter, and mazut may decrease by 0.3% to VND 13,390/kg.VPI forecasts that the Ministry of Finance - Industry and Trade will continue not to set aside or use the Petroleum Price Stabilization Fund this period.
According to a representative of a petroleum business, domestic petroleum prices will fluctuate according to the world petroleum situation. According to current market developments, it is forecasted that in the next price adjustment period, retail prices of gasoline may decrease.
Of which, RON 95-III gasoline price is forecast to decrease by about 290 VND/liter; E5 RON 92-II gasoline decreases by about 80 VND/liter; Diesel oil decreases by about 50 VND/liter.
In the adjustment session last week (December 4), gasoline prices increased simultaneously. Of which, E5 RON 92 gasoline is priced at VND19,822/liter (up VND534/liter). RON 95-III gasoline is priced at VND 20,460/liter (up VND 451/liter).
Meanwhile, prices of oil products have decreased simultaneously. Diesel 0.05S is priced at VND18,380/liter (down VND420/liter); kerosene has a new price of VND18,893/liter (down VND580/liter); mazut 180CST 3.5S is priced at VND13,436/kg (down VND52/kg).
