According to a survey conducted at 9:46 PM on December 10th, global oil prices saw a slight decrease across the board. WTI crude oil prices fell by $0.38 per barrel (0.56%), to $57.87 per barrel. Brent crude oil prices fell by $0.45 per barrel (0.73%), to $61.49 per barrel.
Oil prices remained relatively stable on Wednesday after a nearly 1% drop earlier in the day, as investors continued to monitor progress in peace talks between Russia and Ukraine, and awaited a decision on interest rates from the United States.
According to the Ministry of Industry and Trade , the global oil market during this price adjustment period (from November 27, 2025 to December 3, 2025) is influenced by several key factors, including: OPEC+'s decision to maintain oil production levels until the end of 2026; escalating tensions between the United States and Venezuela; the ongoing military conflict between Russia and Ukraine; and the failure of the United States and Russia to reach an agreement to end the conflict in Ukraine. These factors have caused global oil prices to fluctuate, rising and falling depending on the specific product.
For the domestic market, VPI's Machine Learning-based fuel price forecasting model shows that in tomorrow's price adjustment on December 11, 2025, retail fuel prices could decrease by 0.3-2% compared to the previous adjustment period, if the Ministry of Finance and the Ministry of Industry and Trade do not allocate or utilize the Fuel Price Stabilization Fund.
According to Mr. Doan Tien Quyet, a data analyst at VPI, the retail price of E5 RON 92 gasoline is projected to decrease by 218 VND (1.1%) to 19,602 VND/liter, while RON 95-III gasoline is projected to decrease by 411 VND (2%) to 20,049 VND/liter.
VPI's model forecasts that during this period, diesel prices may decrease by 1.1% to 18,187 VND/liter, kerosene by 0.9% to 18,716 VND/liter, and fuel oil by 0.3% to 13,390 VND/kg. VPI predicts that the inter-ministerial committee of Finance and Industry and Trade will continue not to allocate or utilize the fuel price stabilization fund this period.
According to a representative of a petroleum business, domestic gasoline and diesel prices will fluctuate according to the global oil situation. Based on current market developments, it is predicted that retail gasoline and diesel prices may decrease in the next price adjustment period.
Of which, the price of RON 95-III gasoline is forecast to decrease by about 290 VND/liter; E5 RON 92-II gasoline to decrease by about 80 VND/liter; and Diesel oil to decrease by about 50 VND/liter.
In last week's price adjustment (December 4th), gasoline prices increased across the board. Specifically, E5 RON 92 gasoline is priced at 19,822 VND/liter (an increase of 534 VND/liter). RON 95-III gasoline is priced at 20,460 VND/liter (an increase of 451 VND/liter).
Meanwhile, the prices of petroleum products decreased across the board. Diesel 0.05S is priced at 18,380 VND/liter (down 420 VND/liter); kerosene is priced at 18,893 VND/liter (down 580 VND/liter); and mazut 180CST 3.5S is priced at 13,436 VND/kg (down 52 VND/kg).
Source: https://baoquangninh.vn/du-bao-gia-xang-dau-chieu-nay-giam-khoang-50-410-dong-lit-3388144.html
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