WTI Crude Oil Turns Bearish in Early European Trading; Brent Edges Higher

WTI Oil Price Softens Below $64.55, Brent Holds Firm Near $66.78

Energy Market Update – June 10, 2025

The price of West Texas Intermediate (WTI) crude oil edged lower in early European trading on Tuesday, slipping to $64.52 per barrel, down slightly from Monday’s close of $64.55. The modest decline comes amid mixed sentiment across the global energy markets and follows gains driven by US-China trade optimism earlier this week.

Brent Crude Resilient Despite WTI Dip

In contrast, Brent crude oil posted a small gain, climbing to $66.78 per barrel from Monday’s price of $66.77, showing relative resilience as traders assess demand expectations in Europe and Asia.

Market Mood Split Between Risk Sentiment and Supply Concerns

Oil traders remain cautious as supply-side pressures—particularly geopolitical instability and OPEC’s latest output guidance—continue to be weighed against improving risk sentiment from softened US-China trade tensions.

🛢️ Explore More: OPEC Oil Strategy and Market Impact

Key Levels to Watch Today

• WTI Crude Support: $64.20
• WTI Resistance: $65.00
• Brent Crude Support: $66.30
• Brent Resistance: $67.20

Conclusion

The WTI oil price exhibits a bearish tilt at the European open, while Brent crude gains slightly. As market focus shifts toward upcoming US inventory data and OPEC+ announcements, energy prices are likely to stay volatile.

📈 Related Read: Why Oil Prices React to Trade Sentiment