Crude oil prices may drop below $65 due to rising output from US and OPEC+.

From Investing.com: 2025-06-25 04:51:00

WTI and Brent prices retreat as geopolitical risks ease and ceasefire holds for now. Market shifts focus back to core fundamentals: China demand, OPEC+ supply, and US output. $65 is key support; breach could push prices toward $60 or even $55 per barrel. Recent Iran-Israel conflict called ‘Twelve-Day War’ ends with shaky ceasefire. Oil prices falling as tensions ease. Oil market refocuses on demand and supply trends after conflict in Middle East. OPEC+ increasing oil production causing tension within group. Ongoing trade talks and tariff policies could impact oil prices. WTI crude oil prices return to levels before conflict. Support at $65 per barrel critical, potential drop to $55 if breached. Subscribe to InvestingPro for market insights and trade ideas.



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