Oil prices are falling, but what does it really mean? Brent Crude is trading near $64 a barrel, and WTI around $60, marking the lowest levels in weeks, and a 10–15% drop from earlier this year. So, what’s driving the dip?Oversupply meets weak demand OPEC+ continues pumping, and U.S. stockpiles just jumped by 5.2 million barrels.The ripple effect? Oil-dependent economies tighten budgets, global markets adjust, and energy giants rethink investments.For industries and consumers, it’s a mixed bag: cheaper fuel, but shifting dynamics across economies.Watch our latest Business Focus explainer to understand how oil prices shape politics, profits, and your wallet, all in under 90 minutes.