According to a survey at 00:30 on December 6, world oil prices increased simultaneously. WTI crude oil prices increased by 0.61 USD/barrel (up 1.02%), to 60.28 USD/barrel. Brent oil price increased by 0.66 USD/barrel (up 1.04%), to 63.92 USD/barrel.
Oil prices have risen nearly 1% and reached a two-week high on Friday. The main driver comes from growing expectations that the US Federal Reserve will decide to cut interest rates at its upcoming meeting, thereby supporting economic growth and driving energy demand.
In addition, complex geopolitical situations, especially risks that could affect supply from Russia and Venezuela, have also contributed to the increase in oil prices.
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.
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).
