Brent crude oil futures experienced notable volatility between late June and mid-July 2025. On June 23, Brent crude settled at $71.48 per barrel, down $5.53 or 7.18%. The price continued to decline, reaching $67.14 per barrel on June 24, a drop of $4.34 or 6.07%. From June 25 to July 1, Brent crude showed modest gains, closing between $67.11 and $67.77 per barrel with small daily increases ranging from 0.06% to 0.55%. Early July saw mixed movements, with prices fluctuating around the $67 to $69 range. Notably, on July 8 and July 11, Brent crude futures rose to $70.15 and $70.36 per barrel, increasing by 0.82% and 2.51%, respectively. However, by July 14, Brent crude futures declined again, settling at $69.21 per barrel, down $1.15 or 1.63%. On the same day, U.S. crude oil (NYMEX WTI) futures closed at $66.98 per barrel, down $1.47 or 2.15%. NYMEX August natural gas futures settled at $3.4660 per MMBtu, gasoline futures at $2.1654 per gallon, and diesel futures at $2.3898 per gallon. The crude oil price drop on July 14 was attributed to renewed trade tensions following actions by former President Donald Trump, which triggered a sell-off and bearish market sentiment. Technical analysis indicated potential downside targets for crude oil prices at $66.45, $66.00, $65.52, and $65.00, with resistance levels identified between $67.17 and $68.55 per barrel.