{"id":15610,"date":"2025-09-30T11:12:44","date_gmt":"2025-09-30T11:12:44","guid":{"rendered":"https:\/\/roydadnaft.ir\/English\/?p=15610"},"modified":"2025-09-30T11:12:44","modified_gmt":"2025-09-30T11:12:44","slug":"world-crude-oil-prices-today-september-30-2025-brent-oil-price-fell-to-67-44","status":"publish","type":"post","link":"https:\/\/roydadnaft.ir\/English\/15610\/","title":{"rendered":"World crude oil prices today, September 30, 2025 \/ Brent oil price fell to $67.44"},"content":{"rendered":"

RoydadNaft – <\/a><\/span>\u00a0 Oil prices fell on Tuesday ahead of another anticipated production increase by OPEC+ and as the resumption of oil exports from Iraq’s Kurdistan region via Turkey reinforced market expectations of a supply surplus.<\/p>\n

Brent crude futures for November delivery , expiring on Tuesday, fell 53 cents, or 0.8%, to $67.44 a barrel by 1026 GMT. U.S. West Texas Intermediate crude was trading at $62.83 a barrel, down 62 cents, or 1%.<\/p>\n

The drops extend Monday’s falls when both Brent and WTI settled more than 3% lower, their sharpest daily declines since August 1.<\/p>\n

Selling pressure intensified as OPEC+ sources hinted at another output hike, after prices declined following the resumption of Iraq’s Kurdistan region’s crude oil exports via Turkey, PVM analyst Tamas Varga said.<\/p>\n

In a meeting scheduled for Sunday, the Organization of the Petroleum Exporting Countries and allies including Russia, together known as OPEC+, will likely approve another oil production increase of at least 137,000 barrels per day, three sources familiar with the talks said.<\/p>\n

“Although (OPEC+ is) under their quotaanyway, the market still does not seem to like the fact that more oil is coming in,” Marex analyst Ed Meir said.<\/p>\n

Meanwhile, crude oil flowed on Saturday through a pipeline from the semi-autonomous Kurdistan region in northern Iraq to Turkey for the first time in 2-1\/2 years, after an interim deal broke a deadlock, Iraq’s oil ministry said.<\/p>\n

The market has remained cautious in recent weeks, balancing supply risks, mainly arising from Ukraine’s drone attacks on Russian refineries, with expectations of oversupply and weak demand.<\/p>\n

Elsewhere, U.S. President Donald Trump won Israeli Prime Minister Netanyahu’s support for a U.S.-backed Gaza peace proposal, but the stance of Hamas was uncertain.<\/p>\n

In an ideal scenario, shipping traffic through the Suez Canal would return to normal following a Gaza peace deal, which would remove a significant portion of the geopolitical risk premium, PVM’s Varga said.<\/p>\n

Adding to the bearish sentiment, the potential risk of a U.S. government shutdown has raised demand concerns, said ANZ analysts in a note on Tuesday.<\/p>\n

Updated on