According to a survey at 4:00 p.m. on November 21, world oil prices decreased simultaneously. WTI crude oil prices fell by 0.84 USD/barrel (down 1.42%), down to 58.16 USD/barrel. Brent oil price decreased by 0.77 USD/barrel (down 1.21%), down to 62.61 USD/barrel.
On Friday, oil prices fell 1.5%, continuing the decline for the third consecutive session, as the US pushed for a Russia-Ukraine peace deal that could increase global market supply. Meanwhile, uncertainty about rate cuts has limited investors' risk appetite.
According to the Ministry of Industry and Trade, the world petroleum market this time (from November 13, 2025 to November 19, 2025) is affected by main factors such as: OPEC+ agreed to increase oil exploitation output in December 2025 slightly similar to November; OPEC forecasts that world oil supply will meet demand in 2026; The US government reopens operations; the military conflict between Russia and Ukraine continues, including new attacks by Ukraine on Russia's energy infrastructure... The above factors have caused world oil prices in recent days to increase and decrease depending on each commodity.
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 slightly.
In the recent adjustment session (November 20), gasoline prices decreased simultaneously compared to the previous price management period. Of which, E5 RON 92 gasoline is priced at VND 19,807/liter (down VND 37/liter). RON 95-III gasoline is priced at VND 20,542/liter (down VND 34/liter).
Prices of oil products fluctuated in different directions. Of which, diesel 0.05S is priced at VND19,826/liter (down VND38/liter); kerosene has a new price of VND20,2288/liter (up VND353/liter); mazut 180CST 3.5S is priced at VND13,739/kg (down VND335/kg).