25 Sep 2025 | 3 Mins Read
Oil price drops after reaching 7-week high due to supply-demand concerns
Flipitmoney
Oil prices retreated from a seven-week high as investors took profits due to uncertainty around supply-demand outlook. Brent futures slipped 26 cents to $69.05 a barrel, while U.S. WTI crude futures fell 27 cents to $64.72. Price consolidation is expected with a slight bias downwards, as demand softens and OPEC+ supplies rise in Q4.