Contracts for delivery of Mark Brent oil at the auction on October 10 fell by almost 4% - to $62.5 per barrel. Quotes of American oil West Texas Intermediate (WTI) also went down by more than 4% to $58.7 per barrel, which was their lowest since Ma. Both Marks approached one of the lowest price levels since the beginning of the pandemic,<a href="https://www.wsj.com/livecoverage/stock-market-today-dow-sp-500-nasdaq-10-10-2025/card/this-is-some-of-the-cheapest-oil-since-the-pandemic-3Ib1AIOdXrLsmNXSu0Oi?mod=lctimeline_finance"> notes</a> The Wall Street Journal.

Oil prices collapsed 4% amid worsening US-China trade relations

Exxon Mobil Corporation

Chevron Corporation

Shell plc

The fall in oil prices is also supported by the strengthening of the dollar

Oil got cheaper after Trump's statement on Israel and Hamas. Will the effect last?

A slight increase in oil production will strengthen the already existing oversupply in the market, analysts said

Oil rose nearly 2% after an unexpectedly modest OPEC+ decision. What's next?

China Vanke Co., Ltd.

Analysts at the financial group expect significant surpluses in the remaining months of 2025 and the first quarter of 2026

Oil market to face 'severe glut' and prices below $60 - Macquarie

The cost of oil fell 3% on Monday amid OPEC+ plans to continue increasing production in November and the resumption of exports from Iraqi Kurdistan via Turkey, Reuters writes.

Oil fell in price amid signs of OPEC+ readiness to continue production increases 

Trump has promised "very serious consequences" if Putin does not agree to a ceasefire in Ukraine.

"Skeptical sentiment": what does the oil market expect from Trump and Putin's Alaska summit?

Trump's threats to India over Russian oil purchases did not impress market participants

UBS has lowered its oil price forecast. Why does the bank now expect it to be closer to $60?

The cost of oil has returned to the level it was before Israel began bombing Iran

Oil prices are down more than 6%. Why could this be bad for the stock market?

Bourse indicators point to growing concerns about the protracted conflict in the Middle East

Oil traders brace for turmoil over Iran crisis - Bloomberg

The potential collapse of the U.S.-Iran nuclear deal would leave Iranian oil under sanctions


Oil rises to highest since April on news of US embassy evacuation in Iraq

This year could be the worst year for oil demand growth in 24 years