At the end of the weekend trading session, WTI crude oil prices were at 57.44 USD/barrel, down 0.16 USD/barrel, equivalent to a decrease of 0.28%. WTI oil closed the previous trading session at 57.60 USD/barrel and opened the weekend session at 57.89 USD/barrel.
Brent oil was at 61.12 USD/barrel, down 0.16 USD/barrel, equivalent to a decrease of 0.26%. Brent oil closed the previous trading session at 61.28 USD/barrel and opened the weekend session at 61.60 USD/barrel.
Oil prices ended Friday's trading session in red, thereby recording a decrease of about 4%. The pressure of supply surplus in the market and expectations of a possible peace deal between Russia and Ukraine have overcome concerns surrounding the impact of the US arrest of an oil tanker in the area near Venezuela.
According to the Ministry of Industry and Trade, the world petroleum market last week (from December 4, 2025 to December 10, 2025) was affected by main factors such as: the US Federal Reserve (Fed) decided to reduce interest rates; information related to the peace agreement between Russia and Ukraine; the military conflict between Russia and Ukraine continues, Ukraine attacks Russian tankers... 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 11), gasoline prices decreased simultaneously compared to the price adjustment period last week. Of which, E5 RON 92 gasoline is priced at VND19,615/liter (down VND207/liter). RON 95-III gasoline is priced at VND 20,082/liter (down VND 378/liter).
Prices of oil products also decreased simultaneously. Diesel 0.05S is priced at VND18,154/liter (down VND226/liter); kerosene has a new price of VND18,641/liter (down VND252/liter); mazut 180CST 3.5S is priced at VND13,393/kg (down VND43/kg).
