Crude Oil Prices-The market has been volatile and tightly constrained, with stiff resistance around $66 and solid support near $60 06-10-2025
Crude Oil Prices
Here’s a summary of the crude oil price trend for the week October 6–13, 2025, based on the most recent available data:
Brent Crude Oil Prices
- October 1, 2025: $66.67
- October 2, 2025: $65.44
- October 3, 2025: $64.53
- October average (so far): $66.06 per barrel
→ This reflects a monthly decline from September’s average of $67.96. [countryeconomy.com]
WTI Crude Oil Futures Crude Oil Prices
- October 1, 2025: $61.78
- October 2, 2025: $60.48
- October 3, 2025: $60.88
→ WTI prices show a downward trend early in October, with a weekly decline of around 7%. [tradingeconomics.com]
Market Commentary
- The market has been choppy and range-bound, with resistance around $66 and support near $60.Factors influencing prices include:
- Increased production from OPEC, Russia, and the U.S.
- Weakening demand signa
- Geopolitical tensions (e.g., Middle East conflicts). [www.dailyforex.com]
