Gasoline price today December 5, 2025: Continued slight increase

World oil prices increased slightly on December 5 as supply through the Druzhba pipeline remained stable, in the context of the market assessing the supply-demand and inventory prospects in the US.

Gasoline price today December 5, 2025

Recorded on Oilprice at 4:30 a.m. on December 5, 2025 (Vietnam time), Brent oil price was at 62.79 USD/barrel, up 0.19% (equivalent to an increase of 0.12 USD/barrel).

Brent oil price on the world market on the morning of December 5, 2025 (Vietnam time). Source: Oilprice

Similarly, WTI oil price was at 59.13 USD/barrel, up 0.31% (equivalent to an increase of 0.18 USD/barrel).

WTI oil price on the world market in the early morning of December 5, 2025 (Vietnam time). Source: Oilprice

World oil prices stabilized on Tuesday as markets watched Ukraine's attacks on Russian oil infrastructure, amid stalled peace talks that dampened hopes of a deal that could restore Russian oil flows, Reuters reported.

Ukraine has attacked the Druzhba pipeline in the Tambov region of central Russia, Ukrainian military intelligence said on Wednesday. It was the fifth such attack on the pipeline, which carries Russian oil to Hungary and Slovakia. However, the pipeline operator and the Hungarian oil and gas corporation said supplies were operating normally.

“Ukraine’s drone campaign against Russian oil facilities has entered a more sustained and strategically coordinated phase,” consulting firm Kpler said in a report.

According to Kpler, this caused Russia's refining capacity to fall to around 5 million barrels per day in the September-November period, down 335,000 barrels per day compared to the same period last year, with gasoline being hit the hardest and diesel output also falling significantly.

Oil prices received support from a view that progress on a peace plan for Ukraine was stalling, after representatives of US President Donald Trump ended a round of talks with the Kremlin without any breakthrough in ending the conflict.

“War and political factors, in the context of abundant inventories, expected surplus supply and OPEC's strategy to maintain market share, are keeping Brent prices in the range of 60 - 70 USD/barrel,” PVM experts assessed.

Expectations of a peace deal had previously put downward pressure on prices, as traders predicted a possible return of Russian oil amid an already oversupplied global supply.

Meanwhile, US crude and fuel inventories rose last week as refining activity edged up, according to the US Energy Information Administration (EIA).

Crude inventories rose 574,000 barrels to 427.5 million barrels in the week ended November 28, compared with analysts' forecasts in a Reuters survey for a decrease of 821,000 barrels.

Fitch Ratings on Thursday also revised down its oil price assumptions for the 2025-2027 period, reflecting oversupply and production growth forecast to outpace demand.

Domestic gasoline prices today December 5, 2025

Domestic gasoline prices this morning, December 5, were regulated by the Ministry of Industry and Trade - Ministry of Finance for retail gasoline prices during the adjustment period from 3:00 p.m. on December 4.

Specifically, from 3:00 p.m. on December 4, the price of E5 RON92 gasoline increased by VND534/liter to VND19,822/liter; RON 95-III gasoline increased by VND451/liter to VND20,460/liter.

Domestic gasoline prices today, December 5, 2025. Photo: D.T

In this adjustment period, the price of 0.05S diesel oil decreased by 420 VND/liter, to 18,380 VND/liter; the price of kerosene decreased by 580 VND/liter, to 18,893 VND/liter; the price of 180CST 3.5S fuel oil decreased by 52 VND/kg, to 13,436 VND/kg.

Also in this operating period, the Ministry of Industry and Trade - Ministry of Finance did not set aside or use the Petroleum Price Stabilization Fund for E5 RON92 gasoline, RON95 gasoline, diesel oil, kerosene, and fuel oil.

According to the Ministry of Industry and Trade, the world oil market in this management period (from November 27, 2025 - December 3, 2025) is affected by a number of factors, causing world oil prices in recent days to increase and decrease depending on each product.

The average price of finished petroleum products in the world between the price adjustment period of November 27, 2025 and the adjustment period of December 4, 2025 is: 79,510 USD/barrel of RON92 gasoline used to blend E5 RON92 gasoline (up 2,814 USD/barrel); 81,832 USD/barrel of RON95 gasoline (up 2,276 USD/barrel); 88,582 USD/barrel of kerosene (down 3,324 USD/barrel); 86,098 USD/barrel of 0.05S diesel oil (down 2,416 USD/barrel); 344,576 USD/ton of 180CST 3.5S fuel oil (down 2,004 USD/ton).

The Ministry of Industry and Trade and the Ministry of Finance emphasized that the plan to manage gasoline prices aims to ensure that domestic gasoline price fluctuations are consistent with world gasoline price fluctuations; continue to maintain the price difference between E5 RON92 biofuel and RON95 mineral gasoline at a reasonable level to encourage the use of biofuels according to the Government's policy. At the same time, it ensures the harmony of interests between market participants.

Since the beginning of 2025, domestic gasoline prices have undergone 46 adjustment sessions, including 20 decreases, 20 increases and 6 opposite sessions.

Source: https://congthuong.vn/gia-xang-dau-hom-nay-05-12-2025-tiep-tuc-tang-nhe-433421.html