At the end of the weekend trading session, WTI crude oil prices were at 58.55 USD/barrel, down 0.10 USD/barrel, equivalent to a decrease of 0.17%. WTI oil closed the previous trading session at 58.65 USD/barrel and opened the weekend session at 58.58 USD/barrel.
Brent oil was at 62.38 USD/barrel, down 0.49 USD/barrel, equivalent to a decrease of 0.78%. Brent oil closed the previous trading session at 62.87 USD/barrel and opened the weekend session at 62.88 USD/barrel. Brent crude oil prices closed Friday's trading session at nearly 63 USD/barrel, down 15% this year.
OPEC+ has suspended oil production in the first quarter of 2026 after launching a market of about 2.9 million barrels per day since April 2025.
According to the Ministry of Industry and Trade, the world petroleum market last week (from November 20, 2025 to November 26, 2025) was affected by main factors such as: the new proposal of the United States to end the military conflict between Russia and Ukraine; US crude oil inventories decreased, while gasoline and diesel inventories increased; The military conflict between Russia and Ukraine continued... The above factors have caused world petroleum prices in recent days to increase and decrease depending on each commodity, but the general trend is to decrease.
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 management period, retail prices of gasoline may have opposite adjustments in the direction of increasing gasoline prices and decreasing oil prices.
In the recent adjustment session (November 27), gasoline prices decreased simultaneously. Of which, E5 RON 92 gasoline is priced at VND 19,288/liter (down VND 519/liter). RON 95-III gasoline is priced at VND 20,009/liter (down VND 533/liter).
Prices of oil products also decreased sharply. Of which, diesel 0.05S is priced at VND18,000/liter (down VND1,026/liter); kerosene has a new price of VND19,473/liter (down VND815/liter); mazut 180CST 3.5S is priced at VND13,488/kg (down VND251/kg).
