Crude Oil Prices Hold Above $60 as Fed Rate-Cut Bets Clash With Oversupply Fears (Dec 5–7, 2025)
Crude oil markets ended the week of 5–7 December 2025 balanced on a knife edge:Brent crude hovering in the mid‑$60s, WTI holding just above $60, as traders weighed looming U.S. Federal Reserve rate cuts against persistent worries about oversupply and soft demand. On Friday 5 December, Brent futures settled around $63.75 per barrel and WTI at $60.08, the highest closes since mid‑November and marking a second straight week of gains for both benchmarks.Reuters Yet the optimism was tempered by signs of weakening U.S. demand, widening discounts on Russian grades into Asia, and a wall of supply projected for 2026. Below