Global crude oil prices today (1 December 2025)/Brent rises to $63.32
Futures for Brent crude climbed by 94 cents (1.51 %) to settle at US$ 63.32 per barrel. U.S. West Texas Intermediate (WTI) crude also gained, rising 90 cents (1.54 %) to US$ 59.45 per barrel.
RoydadNaft – Futures for Brent crude climbed by 94 cents (1.51 %) to settle at US$ 63.32 per barrel. U.S. West Texas Intermediate (WTI) crude also gained, rising 90 cents (1.54 %) to US$ 59.45 per barrel.
The increase followed the decision by the OPEC+ coalition during its Sunday meeting to cancel its planned output increase for the first quarter of 2026 — a move interpreted as a signal of reduced urgency in regaining market share, amid concerns over potential global oversupply.
