Oil Prices This Week: Brent and WTI Slide More Than 4% on Supply Glut Fears — Week-Ahead Outlook (Updated Dec. 13, 2025)
Brent crude settled at $61.12 a barrel Friday, with U.S. WTI at $57.44, both down over 4% for the week. Traders focused on expectations of a 2026 oil surplus and possible Russia-Ukraine peace, outweighing supply concerns from a U.S. seizure of a Venezuelan tanker and new strikes on Russian energy sites.