At 8:00 PM on June 11, 2026, WTI oil price was at 90.1 USD/barrel, up 0.07% USD/barrel, equivalent to an increase of 0.08%. Brent oil was at 92.88 USD/barrel, down 0.22 USD/barrel, equivalent to a decrease of 0.24%.
Oil prices fluctuated in opposite directions on Thursday after US President Donald Trump announced that the United States would strike a "very strong blow to Iran tonight" and would soon take control of the infrastructure and oil and gas market of this Middle Eastern nation.
Tensions between the US and Iran have recently escalated. Tehran announced the closure of the Strait of Hormuz after the US launched more attacks on Iran and when Mr. Trump announced more attacks if a peace agreement is not reached.
The world gasoline and oil market in today's operating period is influenced by key factors such as: the prolonged developments of negotiations to end the conflict between the US and Iran; increased tensions in the Middle East as the US and Iran continue to attack each other, Iran and Israel attack each other but then declare an end; the military conflict between Russia and Ukraine continues... The above factors have caused world gasoline and oil product prices in recent days to increase and decrease depending on each item.
The average world finished petroleum product price between the price adjustment period on June 4, 2026 and the adjustment period on June 11, 2026 is: 116.396 USD/barrel of RON92 gasoline used to blend E5RON92 gasoline (down 0.372 USD/barrel, equivalent to a decrease of 0.32%); 139.578 USD/barrel of diesel oil 0.05S (down 2.312 USD/barrel, equivalent to a decrease of 1.63%); 614.546 USD/ton of mazut oil 180CST 3.5S (down 25.477 USD/ton, equivalent to a decrease of 3.98%).
Selling prices of popular consumer gasoline and oil items on the market on June 11 are as follows:
- E5 RON92 gasoline: not higher than 21,332 VND/liter (down 452 VND/liter compared to the current maximum selling price);
- Diesel oil 0.05S: not higher than 25,877 VND/liter (down 989 VND/liter compared to the current maximum selling price);
- 180CST 3.5S mazut oil: not higher than 18,608 VND/kg (down 1,037 VND/kg compared to the current maximum selling price).
Gasoline and oil selling prices of neighboring countries of Vietnam on June 11, 2026:
- Regarding gasoline prices: Thailand: 34,560 VND/liter (Government subsidies); Cambodia: 30,743 VND/liter (Government subsidies); Laos: 37,560 VND/liter; China: 33,948 VND/liter (Government price control); Vietnam: 21,332 VND/liter.
- Regarding oil prices: Thailand: 33,505 VND/liter (Government subsidies); Cambodia: 33,033 VND/liter; Laos: 33,144 VND/liter; China: 30,893 VND/liter (Government price control); Vietnam: 25,877 VND/liter.
Vietnam's gasoline and oil prices are currently lower than those of countries sharing a common border.
