Loading…
Brent edged down 19 cents to $67.58 and WTI fell 62 cents to $64.90 as the Iran-Israel ceasefire held and the risk premium faded. OPEC+ is expected to complete unwinding its cuts by October after 411,000 bpd increases in July and August.
With the geopolitical premium gone and OPEC+ supply returning, crude is trading on fundamentals that point to softer energy prices, lowering diesel and transport costs for feed.
khaleejtimes.comSomshankar BandyopadhyayJun 30, 2025Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
