# Oil prices are affected by rising OPEC+ supplies and tariff uncertainty

> A poll of 37 economists and analysts kept 2025 oil forecasts largely unchanged, with Brent averaging $67.84 and WTI $64.61. Analysts cited rising OPEC+ output and uncertainty over US tariffs, with an August 1 deadline in focus.

- Date: 2025-07-31 · published 2025-07-31T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/23930-oil-prices-are-affected-by-rising-opec-supplies-and-tariff-uncertainty
- Commodities: [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md), [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md)

## Why it matters

Expectations of softer 2026 prices and tariff-driven demand risk point to lower energy costs ahead. Current supply risks from Ukraine and the Middle East provide some support.

## Read by commodity

- WTI: bearish ▼
- BRENT: bearish ▼

## Sources

- energynews.oedigital.com: https://energynews.oedigital.com/energy-markets/2025/07/31/oil-prices-are-affected-by-rising-opec-supplies-and-tariff-uncertainty

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.
