Commodity: Oil prices remain stable : Orishas-finance

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Commodity: Oil prices remain stable

30/06/2025

Source : ORISHAS FINANCE

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On Monday, oil prices remained stable. As risks in the Middle East subsided, a possible increase in OPEC+ production in August and uncertainty about the outlook for global demand weighed on the market

Brent futures fell slightly by 22 cents, or 0.3%, to $67.55 per barrel at 11:19 GMT, before the August contract expired on Monday. The September contract, which was more active, lost 14 cents to $66.61. American West Texas Intermediate crude fell by 32 cents, or 0.5%, to $65.20 per barrel. The Brent and WTI benchmarks posted their biggest weekly declines since March 2023 last week, but are expected to see a second consecutive monthly gain of more than 5%

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