Brent and U.S. crude futures dropped more than $2 per barrel to $62.73 on Friday, U.S. West Texas Intermediate (WTI) crude also settled at $58.90 per barrel, down 4.24%, marking its lowest level since early May as President Donald Trump’s threat to raise tariffs on China darkened the demand outlook in an already oversupplied market.

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.

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.

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.

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%.

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.

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.

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.

Oil prices declined over the week following the announcement of a ceasefire between Iran and Israel and news of an OPEC+ production increase; however, a drop in U.S. oil inventories provided some support to prices.
On friday brent crude futures settled at $67.77 a barrel, up 4 cents, while U.S. West Texas Intermediate crude rose 28 cents, to close at $65.52 a barrel. Both benchmarks saw a price drop of approximately 15% over the week.