Page 27 - Policy & Economic Report - June 2025

POLICY AND ECONOMIC REPORT
OIL & GAS MARKET

Brent crude ranged an average to $69.53 a barrel and WTI ranged to $67.73 per barrel in the month of
June 2025.

Figure 13: Benchmark price of Brent, WTI and Dubai crude

125
115
105

95
85
75
65
55
45
35
25

Brent Spot Price ($/bbl) WTI Spot Price ($/bbl) Dubai spot price ($/bbl)

Source- World Bank

• Brent crude price averaged $69.53 per bbl in June 2025, up by 9.2% on a month on month (MoM) and
down by 16.0% on year on year (YoY) basis, respectively.

• WTI crude price averaged $67.73 per bbl in June 2025, up by 11.5% on a month on month (MoM) and
down by 13.7% on year on year (YoY) basis, respectively.

• Dubai crude price averaged $68.75 per bbl in June 2025, up by 9.4% on a month on month (MoM) and
down by 16.0% on year on year (YoY) basis, respectively.

Table 2: Crude oil price in June, 2025

Crude oil Price ($/bbl) MoM YoY
(%) change (%) change
Brent 69.53
WTI 67.73 9.2% -16.0%
Dubai 68.75 11.5% -13.7%
Source- World Bank 9.4% -16.0%

June 2025 Page | 26