World Oil Prices Today – November 5, 2025
This morning, November 5, 2025, global oil prices declined as rising U.S. crude inventories raised concerns about weakened fuel demand.
As of 9:00 AM (Vietnam time):Brent crude traded at $64.05/barrel,WTI crude traded at $60.14/barrel
By the end of the previous trading session, both Brent and WTI fell around 0.6%.
The American Petroleum Institute (API) reported that U.S. crude inventories increased by 6.52 million barrels. This indicates weakening fuel demand in the U.S., putting downward pressure on crude prices.
Statistics also show that OPEC’s production in October reached 28.43 million barrels per day, an increase of 30,000 barrels per day compared to September. Saudi Arabia and Iraq recorded the largest gains. However, this rise remains much slower than peak production levels during the summer months.
In its annual energy outlook report, French oil giant TotalEnergies forecast that global oil demand will continue rising until 2040, before gradually declining due to growing concerns over energy security and emissions reductions.
Domestic Oil Prices in Vietnam – November 5, 2025
On October 30, 2025, Vietnam adjusted domestic fuel prices in line with global market movements. At this price-setting session, the Ministry of Industry & Trade and Ministry of Finance did not allocate or use the Fuel Price Stabilization Fund for E5RON92, RON95 gasoline, diesel, kerosene, or mazut products.
Accordingly, retail fuel prices in Vietnam on November 5, 2025 are as follows:
E5RON92 gasoline: no higher than 19,760 VND/liter, lower than RON95-III by 728 VND/liter
RON95-III gasoline: no higher than 20,488 VND/liter
Diesel 0.05S: no higher than 19,203 VND/liter
Kerosene: no higher than 19,271 VND/liter
Mazut 180CST 3.5S: no higher than 14,639 VND/kg
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