Category: Forex News, News
Fuel prices today, November 14th: World oil prices rise slightly, what about domestic prices?
After several volatile sessions, the global oil market entered the week with WTI and Brent prices slightly higher than their previous benchmarks.
Meanwhile, domestic fuel prices continued to be adjusted downwards from the afternoon of November 12th, bringing E5 RON 92-II gasoline down to below 19,400 VND/liter in Zone 1.
Recent developments in the international market are being closely watched ahead of the next fuel price adjustment, scheduled for November 19th.
World oil prices today, November 14, 2026: WTI and Brent both edged up.
According to reference data from November 14th, WTI crude oil prices were recorded at $88.92 per barrel, an increase of $0.22 per barrel compared to $88.70 per barrel on November 13th. In percentage terms, this represents an increase of approximately 0.25%.
At the same reference time, Brent crude oil rose from $95.95 per barrel to $96.13 per barrel, an increase of $0.18 per barrel, or approximately 0.19%.
Comparison table of world crude oil prices on November 14, 2026:
| Type of oil | November 13th | November 14th | Change |
|---|---|---|---|
| WTI oil | 88.70 | 88.92 | +0.22 |
| Brent crude oil | 95.95 | 96.13 | +0.18 |
Unit: USD/barrel. Prices are based on the two provided reference points, not the closing price of the trading session.
Notably, the increases for both types of oil were relatively small compared to the sharp fluctuations in previous sessions. WTI oil continued to fluctuate around $89 per barrel, while Brent remained above $96 per barrel as of the latest update.
In terms of price range, WTI oil on November 14th was recorded in the range of $87.81–$89.64 per barrel, compared to approximately $85.21–$89.14 per barrel on November 13th. The lowest price within the new range was $2.60 per barrel higher than the previous day’s data.
Meanwhile, the Brent crude oil price range on November 14th was $95.07–$97.13 per barrel, wider than the approximately $95.71–$96.07 per barrel range of November 13th.
Comparison table of oil price ranges:
| Type of oil | November 13th | November 14th |
|---|---|---|
| WTI | 85.21 – 89.14 | 87.81 – 89.64 |
| Brent | 95.71 – 96.07 | 95.07 – 97.13 |
Unit: USD/barrel.
Although WTI and Brent prices edged higher towards the aforementioned benchmarks, the overall trend in the global oil market still does not indicate a sustainable recovery.
According to international trading results on November 13th, both types of oil closed the week down approximately 2.5%. The prospect of increased supply and signs of weakening fuel demand in the US continued to impact the market.
This suggests that the short-term upward volatility is not yet sufficient to determine whether oil prices have reversed course after a sharp decline. The market still needs more signals from production, consumption, and energy supply and demand forecasts next week.
For Vietnam, crude oil price fluctuations are important reference information, but domestic retail gasoline and diesel prices do not change immediately with each trading session. The price of refined petroleum products on the international market during the pricing period is one of the important bases for price regulation.
Domestic fuel prices today, November 14, 2026: Maintaining the decrease from November 12.
In Vietnam, retail gasoline and diesel prices on November 14th will continue to apply the Petrolimex price list effective from 3 PM on November 12th, 2026.
In the most recent price adjustment, all petroleum products were reduced. E5 RON 92-II gasoline in Zone 1 decreased by 1,500 VND/liter, from 20,890 VND/liter to 19,390 VND/liter.
E10 RON 95-III gasoline decreased by 1,310 VND/liter, to 19,840 VND/liter, while E10 RON 95-V decreased by 810 VND/liter, to 21,840 VND/liter.
The oil group also recorded significant decreases. Diesel DO 0.05S-II decreased by 1,870 VND/liter, to 26,820 VND/liter in Zone 1. Kerosene 2-K decreased by 2,200 VND/liter, to 26,400 VND/liter.
Petrolimex fuel price list today, November 14, 2026:
| Product | Region 1 | Region 2 |
|---|---|---|
| E10 RON 95-V gasoline | 21,840 | 22,270 |
| E10 RON 95-III gasoline | 19,840 | 20,230 |
| E5 RON 92-II gasoline | 19,390 | 19,770 |
| DO oil 0.001SV | 28,620 | 29,190 |
| DO 0.05S-II oil | 26,820 | 27,350 |
| 2-K kerosene | 26,400 | 26,920 |
Unit: VND/liter. Petrolimex price list effective from 3 PM on November 12, 2026.
Compared to the price adjustment on November 5th, retail prices at Petrolimex Region 1 decreased by 810 to 2,200 VND/liter, depending on the product.
Comparison table of Petrolimex prices in Zone 1 between the two adjustment periods:
| Item | November 5th | November 12th | Change |
|---|---|---|---|
| E10 RON 95-V | 22,650 | 21,840 | -810 |
| E10 RON 95-III | 21,150 | 19,840 | -1.310 |
| E5 RON 92-II | 20,890 | 19,390 | -1,500 |
| DO 0.001SV | 30,090 | 28,620 | -1,470 |
| DO 0.05S-II | 28,690 | 26,820 | -1,870 |
| 2-K kerosene | 28,600 | 26,400 | -2,200 |
Unit: VND/liter.
The drop in fuel prices helps people save on transportation costs, while also supporting transportation and manufacturing businesses in reducing fuel expenses.
For example, with a single purchase of 40 liters of E5 RON 92-II gasoline in Zone 1, consumers pay 60,000 VND less than before the price adjustment on November 12th.
For DO 0.05S-II diesel fuel, the reduction of 1,870 VND/liter is equivalent to a saving of 187,000 VND for every 100 liters of fuel purchased in Zone 1.
However, selling prices in Zone 2 are still higher than in Zone 1 due to the characteristics of the business area. This price level applies to areas as defined by the company’s price zoning regulations.
Fuel price forecast for November 19, 2026: Will prices rise again?
According to the regular price adjustment schedule every Thursday, the next fuel price adjustment is expected to take place at 3 PM on November 19, 2026.
Following the price drop on November 12th, the global oil market is experiencing mixed fluctuations. Reference data from November 14th shows WTI and Brent prices rising slightly, but considering the entire week, the prices of both types of oil still recorded significant declines.
Therefore, it is not yet possible to confirm whether domestic gasoline and diesel prices will rise again in the next adjustment period.
If international crude oil and refined petroleum product prices continue to recover in the early trading sessions of next week, upward pressure on retail prices may emerge.
Conversely, if world refined product prices remain low or continue to fall, domestic gasoline and diesel prices are likely to remain stable or be further reduced.
Besides fluctuations in product prices, exchange rates, and factors such as taxes, business costs, and regulatory stabilization mechanisms, all of these can affect operational results.
Notably, the increase or decrease in prices of E5 RON 92 gasoline, E10 RON 95 gasoline, and diesel fuel may not necessarily be the same due to differences in supply and demand for each product.
At present, there is insufficient data from the new pricing period to accurately predict the adjustment on November 19th.
For the time being, consumers will continue to purchase gasoline and diesel according to the Petrolimex price list effective from November 12th. The developments in international fuel prices in the coming days will be a key factor in assessing the possibility of changes in domestic retail prices.
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Written by : Editorial team of BIPNs
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