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Oil is declining after two days of growth


25 września 2025
watermark Economic news

According to trading data, global oil prices moved lower on Thursday after rising by more than 3.5% in the previous two sessions.


November Brent futures fell 0.74% to $68.80 per barrel, while WTI contracts fell 0.7% to $64.49.


Prices were previously supported by data from the US Department of Energy: oil reserves decreased by 0.6 million barrels during the week, while growth was expected. Gasoline stocks decreased by 1.1 million, distillates – by 1.7 million.  All indicators turned out to be better than expected.


However, as analysts note, the market is balancing between multidirectional factors: the resumption of Kurdish oil exports by Iraq is putting pressure on, while geopolitical risks, including sanctions against Russian oil, continue to support quotes.





    






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