Brent at $66.63 and WTI at $63.96 Rise Slightly on Aug 11 Before Falling on Aug 12 Amid Natural Gas Futures Drop

Crude oil futures experienced modest fluctuations over the two-day period ending August 12, 2025. On August 11, Brent crude futures settled at $66.63 per barrel, marking a slight increase of 4 cents or 0.06%, while West Texas Intermediate (WTI) crude closed at $63.96 per barrel, up 0.13%. However, on August 12, prices declined with WTI crude settling at $63.17 per barrel, down 79 cents or 1.24%, and Brent crude futures falling by 51 cents or 0.77% to $66.12 per barrel. The decrease in natural gas futures by 5% to an eight-month low was attributed to increased production and cooler weather forecasts, which may have influenced the energy market dynamics during this period.