Oil prices declined on Friday, September 25, 2026, with Brent crude and US WTI prices falling due to reduced geopolitical risk premiums and increased US crude inventories. According to live data from Investing, November 2026 Brent crude futures fell to $106.52 per barrel, down $0.08 or 0.08%. The price of Brent crude fluctuated between $104.40 and $107.17 per barrel during the trading session, with a 52-week range of $58.72 to $126.41.

The US WTI crude futures for November 2026 also declined to $94.04 per barrel, down $0.57 or 0.60%. WTI prices ranged between $92.09 and $94.73 per barrel during the trading session, with a 52-week range of $54.98 to $117.63. Market participants are monitoring global energy supply and demand developments, particularly amid ongoing geopolitical factors influencing oil prices.

The decline in oil prices can be attributed to several factors, including a decrease in geopolitical risk premiums due to diplomatic efforts to reopen the Strait of Hormuz, a crucial passage for global energy supplies. Additionally, prices were pressured by a larger-than-expected increase in US crude inventories, sparking investor interest in energy market supply levels.

A stronger US dollar has also contributed to downward pressure on crude prices. Market participants continue to monitor inventory data, global supply developments, and the trajectory of oil demand in the coming period. The Egyptian government, along with other countries, is working to stabilize the global energy market.

Egyptian President Abdel Fattah el-Sisi recently emphasized the importance of maintaining Yemen's national unity and institutions. Meanwhile, the Egyptian armed forces announced a new batch of conscripts for January 2027. These developments occur amid regional tensions and efforts to maintain stability in the Middle East.

The global energy market is closely watching the situation in the Strait of Hormuz, a vital waterway for oil supplies. Any disruptions to the flow of oil through the strait could have significant implications for global energy markets. Egypt, as a key player in the region, is working to ensure the stability of the global energy market.

In related news, Egyptian Minister of Foreign Affairs, Sameh Shoukry, discussed efforts to complete the implementation of the Trump plan, working closely with Qatar and Turkey. The developments in the global energy market are being closely monitored by investors and market participants, who are assessing the potential impact on oil prices and supply levels.

Key points

  • Oil prices declined due to reduced geopolitical risk premiums and increased US crude inventories.
  • The decline in oil prices can be attributed to several factors, including a decrease in geopolitical risk premiums and a stronger US dollar.
  • Market participants continue to monitor inventory data, global supply developments, and the trajectory of oil demand in the coming period.

Share this story

Written by

SaharaWire Newsroom
SaharaWire

Reporting for SaharaWire from the Nairobi bureau.