WTI

October 5, 2025

Oil prices posted their steepest weekly decline since June.

Crude oil prices were heading for their sharpest drop in four months after reports suggested that OPEC+ planned to extend its production increase for another month during its upcoming Sunday meeting. Brent crude traded at $64.53 per barrel, while West Texas Intermediate stood at $60.88 per barrel.
September 22, 2025

Bitumen prices held steady during the week amid growing concerns over weakening demand.

Oil prices fell on friday as concerns over abundant supply and weakening demand outweighed hopes that the U.S. Federal Reserve’s first interest rate cut of the year would spur greater consumption but remained steady over the week. Brent crude futures closed at $66.68 a barrel, down 1.1%. U.S. West Texas Intermediate (WTI) crude settled at $62.68 a barrel, a decline of 1.4% on friday. Both benchmarks rose for a second consecutive week.
September 15, 2025

Oil prices rose slightly amid escalating tensions in Ukraine and the Persian Gulf.

Oil prices rose in the week ending September 12 amid Israel’s attack on Qatar and Ukraine’s drone strike on Russia. However, concerns over U.S. demand limited the increase. Brent crude futures settled at $66.99 per barrel, rising 0.93%. U.S. West Texas Intermediate (WTI) crude closed at $62.69 per barrel, up 0.51% on Friday.
August 31, 2025

Oil prices fell on expectations of increased supply and a future surplus.

Oil prices fell on Friday as traders focused on weaker demand, particularly in the United States — the world’s largest oil market — and on the prospect of rising inventories this fall amid increased supply from OPEC+. Brent crude futures fell by 0.74% to $67.48 per barrel. Meanwhile, West Texas Intermediate (WTI) crude futures ended the session at $64.01 per barrel, down 0.91%.
August 11, 2025

Oil price decline in the week ending August 8.

Oil prices recorded their sharpest weekly drop since late June amid concerns over a tariff-hit economic outlook. Brent crude futures settled 0.2% higher at $66.59 a barrel, while U.S. West Texas Intermediate (WTI) crude was unchanged at $63.88 on Friday. For the week, Brent declined 4.4%, and WTI ended 5.1% lower than last Friday’s close.
July 27, 2025

Oil prices declined in the week ending July 25.

Optimism about trade talks and news about the potential for more oil supply from Venezuela moderated oil prices and prevented them from rising. Brent crude futures were down 1.07%, at $68.44 a barrel while West Texas Intermediate(WTI) crude futures were down 1.32%, at $65.16 on Friday. Brent was heading for a 1.4% weekly loss at that level, while WTI was down around 1.7% from where it closed last week.
July 14, 2025

Oil prices rose amid tariff wars and increased sanctions on Russia.

Oil prices rose on Friday while U.S. tariffs and potential additional sanctions on Russia also drew attention. Brent crude futures settled up $1.72 at $70.36 a barrel. U.S. West Texas Intermediate (WTI) crude climbed $1.88 to $68.45 a barrel. Both benchmarks gained about 3% for the week.
May 28, 2025

Oil Gains Amid Nuclear Talks.

Oil prices rose on friday. Brent crude futures settled at $64.78 per barrel, up 34 cents, while U.S. West Texas Intermediate (WTI) crude futures ended at $61.53, also up 33 cents.
May 5, 2025

Oil prices recorded their largest weekly decline in a month.

Ahead of the OPEC+ meeting, oil prices recorded their largest weekly decline in a month. Brent crude futures settled at $61.29 a barrel while U.S. West Texas Intermediate (WTI) crude futures settled at $58.29 a barrel on friday.
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