On the morning of November 28, oil prices edged up slightly, Brent crude oil increased by 0.21 USD, equivalent to 0.33%, to 63.34 USD/barrel; WTI crude oil increased by 0.45 USD, equivalent to 0.77%, to 59.1 USD/barrel.
Analysts say the market is torn between hope and skepticism over efforts to restart peace talks in Ukraine. Hopes for a ceasefire between the two sides have somewhat eased supply concerns stemming from Russian oil supplies.
Meanwhile, the Organization of the Petroleum Exporting Countries and its allies (OPEC+) is likely to maintain its production quotas at its meeting on November 30. The parties are also expected to agree on a mechanism for maximum production capacity of member countries. OPEC+ members, which have started gradually increasing production from 2025, are expected to continue to maintain their decision to temporarily suspend production increases in the first quarter of next year.
The decrease in gasoline prices in the last months of the year is expected to help stabilize commodity prices in the coming time (PHOTO: PHAM HUU)
However, developments show that the market is entering the year-end period with low liquidity and lack of new momentum and may maintain a "average" level until the end of the year.
Domestically, yesterday afternoon, the Ministry of Finance and the Ministry of Industry and Trade simultaneously adjusted the retail prices of petroleum products. Accordingly, the price of E5 RON92 gasoline decreased by 519 VND/liter, RON95-III gasoline decreased by 533 VND/liter, diesel oil decreased by 1,026 VND/liter, kerosene decreased by 815 VND/liter and fuel oil decreased by 251 VND/kg.
After adjustment, on the morning of November 28, the common retail price of gasoline on the market is as follows:
According to Thanh Nien Newspaper
Source: https://thanhnien.vn/gia-xang-dau-hom-nay-28112025-xang-ve-moc-20000-dong-lit-185251128081705394.htm
Source: https://baolongan.vn/gia-xang-dau-hom-nay-28-11-xang-ve-moc-20-000-dong-lit-a207377.html
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