Oil Prices Slip Today... But Weekly Gains Persist
Despite a drop in oil prices today, the two benchmark crudes maintain their weekly gains after rising more than 5% yesterday.
October 24, 2025, 07:37 AM
WORLD (Enmaeya News) - October 24, 2025
Oil prices fell today following yesterday’s gains amid concerns over supply due to U.S. sanctions on dealings with Russia’s two largest oil companies, according to Reuters.
Brent crude futures declined by 0.55% to $65.63 per barrel as of 03:33 GMT, while U.S. West Texas Intermediate (WTI) futures fell 0.58% to $61.43 per barrel.
Both benchmark crudes rose more than 5% yesterday and were on track to record a weekly gain of around 7%, the largest since mid-June.