According to a survey at 2:10 p.m. on December 2, world oil prices increased simultaneously. WTI crude oil prices increased by 0.18 USD/barrel (up 0. 30%), to 58.01 USD/barrel. Brent oil price increased by 0.10 USD/barrel (up 0.16%), to 63.27 USD/barrel.
Oil prices stabilized in the third session as the market assessed the risks of Ukrainian drone strikes on Russian energy facilities, escalating tensions between the United States and Venezuela, and mixed expectations about fuel reserves in the United States.
On Sunday, OPEC+ confirmed that it will only slightly increase oil production in December and temporarily suspend additional increases in the first quarter of next year, in the context of concerns about the risk of increasing supply excess.
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 particular, RON 95-III gasoline price is forecast to increase by about 520 VND/liter; E5 RON 92-II gasoline increases by about 500 VND/liter; Diesel oil decreases by about 320 VND/liter.
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).
