Week Ending July 25, 2025

Rig2Pump Weekly Crude Oil Price Update, designed to inform and engage our readers, listeners, and social media followers with clear visuals and expert insights:

Weekly Crude Price Snapshot

Brent Crude: $68.69 per barrel (down 0.75%)

WTI Crude: $66.69 per barrel (down 0.76%)

Oil traded sideways for most of the week as global investors waited on U.S.-EU trade decisions.

What Drove These Fluctuations?

1. Trade War Concerns – Talk of new U.S. tariffs against Europe has weakened demand forecasts.
2. Stronger U.S. Dollar – A rising dollar made oil more expensive globally.
3. OPEC+ Output – Higher exports and Chevron’s resumed production in Venezuela added supply.
4. Market Range – Prices stayed within a 5-dollar band as market sentiment remained uncertain.
5. Analyst Forecast – Experts project a fall in prices this fall due to stock builds and weak demand.

Rig2Pump Takeaway

– Short-term: Watch for tariff talks and dollar movements.

– Medium-term: Expect pressure from higher supply.

– Long-term: Likely softening of crude due to demand weakening.

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