U.S. Crude Oil Hits $68.38 and Brent Crude $70.19 Per Barrel Amid July 2025 Price Gains

U.S. crude oil futures and Brent crude futures have experienced a general upward trend from late June through July 2025. U.S. crude oil futures settled at $64.92 per barrel on June 25, rising steadily to $68.38 per barrel by July 9. Brent crude futures followed a similar pattern, settling at $67.68 per barrel on June 25 and increasing to $70.19 per barrel by July 9. Notable increases include Brent crude futures rising by $2.00 (2.98%) to $69.11 per barrel on July 2 and U.S. crude futures increasing by 93 cents (1.39%) to $67.93 per barrel on July 7. The price movements indicate moderate gains in crude oil prices over the reported period, with Brent crude futures peaking at $70.19 per barrel and U.S. crude futures reaching $68.38 per barrel.