Page 27 - Policy Economic Report - November 2025

POLICY AND ECONOMIC REPORT
OIL & GAS MARKET

Brent crude ranged an average to $63.42 a barrel and WTI ranged to $59.55 per barrel in the month of
November 2025.

Figure 13: Benchmark price of Brent, WTI and Dubai crude

125
115
105

95
85
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65
55
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25

Brent Spot Price ($/bbl) WTI Spot Price ($/bbl) Dubai spot price ($/bbl)

Source - World Bank

• Brent crude price averaged $63.42 per bbl in November 2025, down by 1.0% on a month on month
(MoM) and by 13.6% on year on year (YoY) basis, respectively.

• WTI crude price averaged $59.55 per bbl in November 2025, down by 1.2% on a month on month
(MoM) and by 14.6% on year on year (YoY) basis, respectively.

• Dubai crude price averaged $62.56 per bbl in November 2025, down by 1.0% on a month on month
(MoM) and by 13.8% on year on year (YoY) basis, respectively.

Table 2: Crude oil price in November, 2025

Crude oil Price ($/bbl) MoM YoY
(%) change (%) change
Brent 63.42
WTI 59.55 -1.0% -13.6%
Dubai 62.56 -1.2% -14.6%
Source - World Bank -1.0% -13.8%

November 2025 Page | 26