Oil prices at seven-week high
London, September 25, 2025, (Oilandgaspress) ––Oil prices settled up more than 2%, as a drop in U.S. weekly crude inventories added to a sense in the market of tightening supplies amid export issues in Iraq, Venezuela and Russia..
| Oil and Gas Blends | Units | Oil Price | Change |
| Crude Oil (WTI) | USD/bbl | $64.47 | Up |
| Crude Oil (Brent) | USD/bbl | $68.81 | Up |
| Bonny Light 23/09/25 CBN | USD/bbl | $69.94 | Up |
| Dubai | USD/bbl | $69.81 | Down |
| Natural Gas | USD/MMBtu | $2.87 | Down |
| Murban | USD/bbl | $70.50 | Up |
| OPEC basket 24/09/25OPEC | USD/bbl | $70.79 | Up |
| At press time September 25, 2025 |
Baker Hughes Rig Count: : International -3 to 1076, :U.S.+3 to 542 Canada +3 to 189
U.S. Rig Count is up 3 from last week to 542 with oil rigs up 2 to 418, gas rigs unchanged at 118 and miscellaneous rigs up 1 to 6.
Canada Rig Count is up 3 from last week to 189, with oil rigs up 2 to 128, gas rigs up 1 to 60 and miscellaneous unchanged at 1.
International Rig Count is down 3 from last month to 1,076 with land rigs down 3 to 833, offshore rigs unchanged.
The Worldwide Rig Count for August was 1,793, up 7 from the 1,786 counted in July 2025, and down 153, from the 1,946 counted in July 2024.
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OilandGasPress Energy Newsbites and Analysis Roundup | Compiled by: OGP Staff, Segun Cole , victor@oilandgaspress
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