DRC Oil Prices Record Modest Weekly Gain but Remain on Downward Trend

DRC Oil Prices Record Modest Weekly Gain but Remain on Downward Trend

DRC Oil Prices Rise 1.8% to $67.7 per Barrel Despite Yearly Decline

The price of a barrel of oil, one of the Democratic Republic of Congo’s (DRC) key export commodities, rose to US$67.7 on August 22, 2025, up from US$66.9 the previous week, marking a 1.8% increase, according to the Central Bank of Congo’s latest economic report.

As of August 21, oil prices were still 9.1% lower than at the end of 2024 and down 19.2% year-on-year, underscoring the sector’s ongoing challenges.

Energy analysts say the weekly gain reflects a short-term supply-demand adjustment in global markets. However, they caution that the overall downward trajectory highlights persistent volatility, pressing the DRC to monitor trends closely to safeguard export revenues.

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