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Oil prices this morning

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London, January 22, 2025, (Oilandgaspress) –––Oil prices dropped on Wednesday as markets weighed U.S. President Donald Trump’s declaration of a national energy emergency on his first day in office and eyed his tariff policies.
Brent crude futures fell 36 cents, or 0.5%, to $78.93 per barrel at 0730 GMT. U.S. West Texas Intermediate crude futures dropped 46 cents, or 0.6%, at $75.37.

Oil and Gas BlendsUnitsOil PriceChange
Crude Oil (WTI)USD/bbl$75.56Down
Crude Oil (Brent)USD/bbl$79.08Down
Natural GasUSD/MMBtu$3.78Down
Murban CrudeUSD/bbl$82.19Down
OPEC basket 21/01/25USD/bbl$81.74Down
At press time January 22, 2025 , The price of OPEC basket of twelve crudes according to OPEC Secretariat calculations

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