Category: Forex News, News
Fuel prices today, November 12, 2026: Brent crude rises, what will gasoline prices be like this afternoon?
The global oil market entered the new trading session with mixed results after days of significant volatility. Brent crude prices rebounded, while WTI remained almost unchanged from the previous day’s benchmark. In Vietnam, retail gasoline and diesel prices on the morning of November 12th remained at the levels announced on November 5th, prior to the scheduled price adjustment that afternoon.
World oil prices today, November 12, 2026: Brent rises, WTI remains almost unchanged.
According to reference data from the morning of November 12th, WTI crude oil prices were recorded at $86.42 per barrel, a slight decrease of $0.02 per barrel compared to $86.44 per barrel on November 11th. This decrease, equivalent to approximately 0.02%, indicates that WTI oil prices remained almost unchanged between the two monitoring periods.
Meanwhile, Brent crude oil prices rose from $92 per barrel to $92.66 per barrel, an increase of $0.66 per barrel, or approximately 0.72%.
Comparison table of world oil prices on November 12, 2026:
| Type of oil | November 11th | November 12th | Change |
|---|---|---|---|
| WTI oil | 86.44 | 86.42 | -0.02 |
| Brent crude oil | 92.00 | 92.66 | +0.66 |
Unit: USD/barrel. Data is based on the provided reference points, not the closing price of the trading session.
Notably, the WTI oil price range recorded on November 12th was between $85.83 and $88.71 per barrel, compared to approximately $83.89 to $86.92 per barrel on November 11th.
For Brent crude, the range offered on November 12th was $92.53 – $92.66 per barrel, higher than the previous range of approximately $92 – $92.10 per barrel.
| Type of oil | Range on November 11th | Range on November 12th |
|---|---|---|
| WTI | 83.89 – 86.92 | 85.83 – 88.71 |
| Brent | 92.00 – 92.10 | 92.53 – 92.66 |
Unit: USD/barrel. The price range on November 12th is data recorded up to the time of update, not the complete range for the entire day.
Thus, after the sharp decline at the beginning of the week, the oil market is showing signs of recovery, but it is not yet truly uniform. Brent crude has risen again, while WTI has not seen significant changes at the two benchmarks.
The price difference between Brent and WTI on November 12th was $6.24 per barrel, an increase from the $5.56 per barrel difference of the previous day.
This development indicates that the market is still in a correction phase after several sessions with large price swings. Oil prices continue to be affected by the outlook for energy supply and demand, international trading activity, and changes in investor expectations.
For the Vietnamese market, fluctuations in crude oil prices are noteworthy information, but it is not yet possible to determine the trend of retail gasoline and diesel price adjustments based solely on the increase or decrease in a single trading session.
Domestic fuel prices today, November 12, 2026
Domestically, gasoline and diesel prices on the morning of November 12th continued to apply the price list announced by Petrolimex from 3 PM on November 5th, 2026.
Accordingly, E5 RON 92-II gasoline in Zone 1 is priced at 20,890 VND/liter. E10 RON 95-III gasoline is listed at 21,150 VND/liter, while E10 RON 95-V gasoline is priced at 22,650 VND/liter.
Petrolimex fuel price list before the adjustment on the afternoon of November 12th:
| Product | Region 1 | Region 2 |
|---|---|---|
| E10 RON 95-V gasoline | 22,650 | 23,100 |
| E10 RON 95-III gasoline | 21,150 | 21,570 |
| E5 RON 92-II gasoline | 20,890 | 21,300 |
| DO oil 0.001SV | 30,090 | 30,690 |
| DO 0.05S-II oil | 28,690 | 29,260 |
| 2-K kerosene | 28,600 | 29,170 |
Unit: VND/liter. Prices are effective from 3 PM on November 5, 2026 and will apply until the next adjustment period.
In the most recent price adjustment, domestic gasoline and diesel prices have decreased significantly. Specifically, E5 RON 92-II gasoline at Petrolimex Zone 1 decreased by 2,310 VND/liter, while E10 RON 95-III gasoline decreased by 2,080 VND/liter.
Diesel fuel prices saw smaller reductions, both decreasing by 180 VND/liter for DO 0.001SV and DO 0.05S-II in Zone 1.
Comparison table of Petrolimex prices in Region 1 with the previous period:
| Item | Previous price | Current price | Change |
|---|---|---|---|
| E10 RON 95-V | 24,230 | 22,650 | -1,580 |
| E10 RON 95-III | 23,230 | 21,150 | -2,080 |
| E5 RON 92-II | 23,200 | 20,890 | -2.310 |
| DO 0.001SV | 30,270 | 30,090 | -180 |
| DO 0.05S-II | 28,870 | 28,690 | -180 |
| 2-K kerosene | 29,010 | 28,600 | -410 |
Unit: VND/liter.
The price reduction on November 5th brought the overall price level of gasoline down significantly compared to the previous period, contributing to lower fuel costs for vehicle users and production and transportation activities.
However, diesel prices remain higher than those of E5 RON 92-II and E10 RON 95-III gasoline. This continues to make fuel costs a major concern for many transportation and manufacturing businesses.
For Zone 2, the selling price is applied according to regulations for areas far from ports, main depots, or petroleum production facilities. The actual price is determined by the enterprise but must not exceed the Zone 2 price already announced.
Fuel price forecast for the afternoon of November 12, 2026: Will there be further decreases after the previous period?
According to the regular price adjustment schedule, domestic gasoline and diesel prices are expected to be adjusted at 3 PM on Thursday, November 12, 2026.
Prior to the announcement of new prices, the global market is showing mixed signals. Brent crude rose slightly following this morning’s update, while WTI remained almost unchanged. However, the price level of both types of oil is still lower than at the beginning of the week.
This development could provide further support for domestic fuel prices, but it is not yet sufficient grounds to confirm that gasoline and diesel will continue to fall.
In fact, retail gasoline and diesel prices in Vietnam are determined based on world refined product prices during the pricing period, along with factors related to exchange rates, taxes, business costs, and the price stabilization mechanism as stipulated by regulations.
If the average international refined petroleum prices continue to decline during the period, the possibility of retail price reductions may be supported. Conversely, if refined product prices recover, the reduction may narrow, or some items may even increase again.
In particular, gasoline and diesel prices do not necessarily fluctuate in the same direction because the supply and demand dynamics of each product differ.
Based on the available data, there is insufficient basis to make accurate predictions about the increase or decrease in the price of each item during the price adjustment on the afternoon of November 12th.
Following the significant price drop on November 5th, the market is waiting to see whether the prices of E5 RON 92-II and E10 RON 95 gasoline will continue to fall or remain stable.
As of 3 PM today, Petrolimex’s price list effective from November 5th remains the current price. The new retail price will be determined after the regulatory authority announces the official decision.

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