Brent crude oil prices are recovering after dropping to just over$60 per barrel in April due to rising U.S. tariffs and increasedOPEC+ supply. Improved market sentiment, driven by the U.S.-UK trade deal and a 90-day accord with China, has helpedstabilize prices around $64 per barrel. Looking ahead, the EIA forecasts Brent crude could average$65.85 in 2025 and decline to $59.24 in 2026, as global oilproduction is expected to outpace demand. Geopoliticalfactors, including U.S. sanctions and OPEC+ policy decisionsmay also influence future prices.