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Crude oil futures settle flat on Friday

09 Aug 2025 Evaluate

Crude oil futures ended flat on Friday amid ongoing US-Russia conflict. Traders remained on sidelines as they awaited a meeting in coming days between Russian president Vladimir Putin and his U.S. counterpart Donald Trump, but prices marked their steepest weekly losses since late June on a tariff-hit economic outlook. Brent crude prices fell 4.4% over the week, while West Texas Intermediate (WTI) prices finished 5.1% lower than last Friday’s close.

Benchmark crude oil futures for September settled flat at $63.88 a barrel on the New York Mercantile Exchange. Brent crude for October delivery rose $16 or 0.2% to settle at $66.59 a barrel on London's Intercontinental Exchange.


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