Brent crude oil prices dipped slightly on Tuesday after rising in the previous session due to a
drone attack on Russia’s Kropotkinskaya pumping station, which disrupted Kazakh oil
shipments.
Brent crude fell 7 cents to $75.15 per barrel, while U.S. WTI crude rose to $71.21 per barrel,
catching up after the U.S. holiday delay.
Despite the attack, February’s oil loading plan remains unchanged. Analysts predict Brent
prices will average $76 in 2025 due to oversupply, tariffs, and trade tensions. Meanwhile,
OPEC+ plans to proceed with scheduled output increases starting in April.
Until then, Happy Trading!
Commodity Samachar Securities
We Decode the Language of the Markets
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