Crude Oil Prices Edge Lower: WTI and Brent Start Friday Bearish

Crude Oil Prices Edge Lower: WTI and Brent Start Friday Bearish

By tredu.com7/11/2025

Tredu

Oil Market OutlookWTI Price ForecastCrude Oil Price Today
Crude Oil Prices Edge Lower: WTI and Brent Start Friday Bearish

Crude Oil Prices Edge Lower: WTI and Brent Start Friday Bearish

Published: July 11, 2025
Category: Energy | Commodities | Market Update

WTI and Brent Crude Fall at European Open

Crude oil benchmarks are under slight pressure early Friday as West Texas Intermediate (WTI) and Brent crude prices open lower during the European session.

  • WTI crude is trading at $65.82 per barrel, compared to Thursday’s close of $65.89.
  • Brent crude is priced at $68.27, slightly below yesterday’s close at $68.29.

Bearish Momentum Persists

The modest decline reflects market hesitancy amid broader economic concerns and fragile risk sentiment. With recent volatility in global trade and commodity pricing, oil markets remain sensitive to macroeconomic developments.

Traders are closely watching for:

  • Inventory data updates
  • OPEC+ supply adjustments
  • Global economic activity trends

Any signals from major producers or shifts in demand forecasts could influence next-week's oil price trajectory.

Key Takeaways:

  • WTI trades at $65.82, down from $65.89
  • Brent crude at $68.27, also slightly lower
  • Market tone remains bearish heading into mid-July
  • Traders await catalysts to determine next direction

Related Tredu Coverage:

  • Oil Weekly Outlook: WTI Eyes $66.50 Resistance
  • Commodities Recap: Gold and Oil Prices Diverge
  • Brent vs WTI: What Traders Should Know in 2025
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