Crude Oil Price Today-May 5, 2025

Staff Report

Islamabad: The price of crude Oil (WTI) in the international market stood at $56.06 per barrel.

It has witnessed a significant cut in value of -2.23 and a percentage change of -3.81%.

Crude Oil Price witnessed a drop of 6.92%. The price of Brent crude was being traded at $59.14, showing a daily decrease of -2.17 (-3.54%) and a reduction of -4.52 (-7.11%) on a weekly basis, Foundation Research revealed here on Monday.Crude Oil Prices Today-May 2, 2025

The research company said that the current price of crude Oil was below all the listed moving averages. It indicated a downward trend across various timeframes. These figures have offered a snapshot of the current market sentiment for these key commodities.