World oil prices today September 22, 2025: Slight increase due to political tensions
World oil prices today September 19, 2025: Oil prices started the new week with a slight increase due to tensions in Europe and the Middle East, although increased supply continued to put pressure on the market.
On September 22, Brent oil price increased by 0.42% to 66.96 USD/barrel, while US WTI oil increased by 0.32% to 62.88 USD/barrel.
The main driver came from escalating unrest in Europe and the Middle East, causing market concerns about the risk of energy security disruption.
Over the weekend, Polish and Estonian airspace recorded multiple violations by Russian military aircraft. NATO countries immediately deployed fighter jets to ensure safety, as Russia intensified airstrikes near the Ukrainian border. The United Nations is scheduled to hold an emergency meeting on the allegations of airspace violations, further escalating the security situation.
Outside Europe, the situation in the Middle East has also made oil prices more sensitive. The recognition of the Palestinian state by four Western countries has met with a strong reaction from Israel. This is a region that is considered the "oil heart" of the world, so any political fluctuations quickly affect investor sentiment.
Besides political factors, the market is still under pressure from large supplies. Iraq said it raised oil exports in August to 3.38 million barrels per day, and is expected to reach 3.4 to 3.45 million barrels per day in September.
This trend comes from many OPEC+ countries easing production cuts to offset declining revenue.
In addition, expectations of lower interest rates from the US Federal Reserve have not been strong enough to boost demand. Last week, both Brent and WTI fell more than 1% on concerns about weakening global consumption due to trade barriers.
According to Michael McCarthy of Moomoo Australia and New Zealand, market assumptions are currently revolving around continued supply increases from the US, OPEC+ and Russia. If political tensions persist alongside increased export production, oil prices are likely to be volatile and difficult to maintain at a stable level.
