Lower prices sharpen U.S./EU incentives for tougher sanctions 13 August 2025 Inflation-adjusted oil prices have fallen to the lowest since the pandemic and before that the production free-for-all before Saudi Arabia and its partners launched OPEC⁺ in 2016. Front-month Brent futures have averaged $70 per barrel so far in 2025 down from $82 in 2024 … Continue reading Oil prices slide as OPEC⁺ refocuses on market share