Oil prices fell by 1% on Monday, June 30, 2025, as easing geopolitical risks in the Middle East and the potential for another OPEC+ production increase in August affected supply expectations.
Brent crude futures for August delivery dropped by 66 cents, or 0.97%, to $67.11 a barrel, ahead of the contract’s expiry later in the day. The more actively traded September contract fell 83 cents to $65.97 a barrel. U.S. West Texas Intermediate (WTI) crude slid 94 cents, or 1.43%, to $64.58 a barrel.
Source: (Al Arabiya.net Website, Edited)
