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Oil Prices Aren't Likely To Rise Anytime Soon

Summary by Oil Price
Rising supply from both OPEC+ and non-OPEC+ producers, slowing demand growth after the peak summer consumption, and uncertainties about demand amid inconsistent U.S. trade and tariff policies are set to keep oil prices subdued around current levels, analysts said in the monthly Reuters poll released on Friday.  The price of Brent Crude, the international benchmark, is expected to average $67.65 per barrel this year, according to nearly three doz…

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Oil Price broke the news in London, United Kingdom on Friday, August 29, 2025.
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