Oil prices experienced mixed movements on June 11, 2025, amid easing trade tensions between the U.S. and China and cautious market sentiment about future demand. West Texas Intermediate (WTI) crude prices rose to their highest level since April 3, supported by stabilization in China and steady conditions in the U.S., which are seen as positive factors for oil demand. Global markets saw oil prices edging up, with Brent crude briefly falling below $66 per barrel earlier in the day before recovering above $68 per barrel. The U.S. Energy Information Administration (EIA) projected Brent prices to decline to $59 per barrel by 2026. Oil and gas stocks reflected these price movements, with the sectoral index rising 1.4%. Shares of Oil India surged between 3% and 6% during the day, buoyed by a buy call from Avendus Spark citing strong earnings and a 41% upside potential. Other oil refiners, including HPCL, also saw gains amid the positive market environment.