? Oil prices: stability in question
Lately, we often mention oil on our site — these are times when you need to watch everything closely!
For example, today, August 5, 2025, oil prices stayed in a narrow range (price per barrel): Brent — $68.75 / WTI — $66.28 / Urals — $65.17
The reason — OPEC+ agreement: member countries agreed to increase production in September by 547,000 barrels per day. This is currently holding back price spikes. But stability is fragile.
Everything affects the market: from weather in the Persian Gulf to Washington’s policies.
For instance, US President Donald Trump again threatened 100% tariffs on Russian oil for buyers like India. This is no longer just a statement, but a possible new phase of the trade war. Analysts warn demand could slow down in the second half of the year. And if there are supply disruptions — hello, new wave of price swings.
? We’re watching the situation: oil prices may rise faster than you can update the dollar rate in your app.
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