Crude Oil Price Today: WTI Turns Bullish at European Market Open

WTI Crude Oil Moves Higher in Early European Trade

West Texas Intermediate (WTI) oil prices saw a slight uptick on Monday, rising to $71.80 per barrel in early European trading. This marks a modest increase from Friday’s closing price of $71.61, indicating a bullish start to the week for US benchmark crude.

Brent Crude Remains Steady

In contrast, Brent crude oil—the global benchmark—held stable, trading near its previous daily closing price of $73.68. The lack of significant movement in Brent suggests that while WTI shows strength, broader sentiment across the energy market remains mixed.

Market Snapshot

Crude TypeCurrent Price (USD)Previous Close (USD)WTI$71.80$71.61Brent$73.68$73.68

What's Driving the Price?

While no immediate news triggered the movement, traders are watching global demand recovery and geopolitical developments—particularly in the Middle East—that may influence supply expectations this week.

Related Links (Internal for Tredu.com)

• Live WTI and Brent Oil Prices
• WTI Crude Price Forecast – June 2025
• Commodities Market Overview

Final Thoughts

As the week begins, WTI crude shows early bullish momentum, while Brent holds steady. Traders should monitor macroeconomic indicators and inventory data for further direction in oil markets.