According to a survey at 11:28 on December 9, world oil prices decreased slightly. WTI crude oil prices fell by 0.05 USD/barrel (down 0.08%), down to 58.83 USD/barrel. Brent oil price decreased by 0.01 USD/barrel (down 0.02%), down to 62.48 USD/barrel.
Oil prices fell slightly in the third session, continuing the downward trend after the previous day's 2% decline. The market is currently focusing on peace talks related to the Russia-Ukraine conflict, while worrying about excess supply and waiting for the upcoming interest rate decision in the United States.
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.
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).
