📈 Crude Oil Prices Decline 5.6% in February 2025 After January Surge

After rising 8.1% in January 2025, the average monthly crude oil price* fell 5.6% in February, dropping from $78.16 per barrel to $73.82 per barrel. On a year-over-year basis, crude oil prices declined by 8.4% in February 2025.

* Average of West Texas Intermediate (WTI), Brent, and Dubai oil prices.