03 Oct 2025 | 3 Mins Read
Oil prices set for biggest drop in 3-1/2 months
Flipitmoney
Oil prices rose slightly on Friday, but were on track for their steepest weekly decline since late June due to OPEC+ expected output hike. Brent crude gained 0.3% to $64.29 a barrel, while WTI climbed 0.3% to $60.67 a barrel. OPEC+ may raise production by 500,000 barrels per day, potentially sending crude oil lower to $58.00 and this year's lows.