Oil Prices 21 November 2025 - 16 December 2025

Oil prices fell again on Tuesday, December 16, 2025, pushing Brent crude below the closely watched $60-a-barrel level and keeping West Texas Intermediate pinned in the mid-$50s. The move extends a months-long slide driven by a market that is increasingly focused on one question: Will 2026 be defined by a supply glut—especially if geopolitics turns less restrictive for Russian barrels—just as demand growth cools? Reuters+1 At around 12:14 GMT, Brent crude futures were down about 1.3% at roughly $59.75 a barrel, while WTI was down nearly 1.5% near $55.98, according to Reuters. Reuters

December 16, 2025 — Oil prices pushed lower on Tuesday, with Brent crude dipping under the psychologically important $60-a-barrel mark as traders weighed two powerful forces hitting the market at once: rising optimism that Russia-Ukraine peace negotiations could eventually loosen constraints on Russian supply, and fresh evidence that China’s demand engine is losing momentum. By early afternoon in Europe, Brent crude futures were down about 1.3% at $59.75 a barrel, while U.S. West Texas Intermediate traded near $55.98, down roughly 1.5%. Reuters The move takes crude toward the lower end of a multi-month slide that has been driven less by sudden disruptions and more by a steadily building narrative that global supply is outrunning demand heading into 2026. Reuters+1

NEW YORK — Monday, December 15, 2025 — Crude oil is trading lower in late-afternoon dealings as the market weighs fresh geopolitical supply risks—especially escalating U.S.-Venezuela tensions and operational disruption fears—against an increasingly dominant narrative for 2026: a potential global oil surplus large enough to keep prices capped even when headlines turn more bullish. As of the mid‑afternoon window around 3:09–3:24 p.m. ET, WTI crude futures were changing hands near $56.5 a barrel and Brent crude futures near $60.5 a barrel, both down a little over 1% on the session. Investing.com+1

Global oil prices are edging higher today, but the move is modest and still framed by a bigger story of oversupply and cautious forecasts for 2026. Brent crude is trading just under $63 per barrel, while U.S. West Texas Intermediate sits around $59 per barrel, after a month of tight ranges and heavy focus on OPEC+ policy, Ukraine–Russia peace talks and fresh downgrades to long‑term price forecasts. OilPrice.com+3Reuters+3Trading Economics+3 Below is a detailed look at where prices stand today, what’s moving the market, and how new forecasts from Fitch and other analysts are reshaping expectations for 2025–2027.

LONDON — Oil prices are trading just above their lowest levels in a month on Monday, November 24, 2025, as traders balance hopes for a Ukraine‑Russia peace deal and potential sanctions relief against an already well‑supplied global market and a softer economic outlook. By late morning in London, Brent crude — the global benchmark — was changing hands at around $62.2 per barrel, while U.S. West Texas Intermediate hovered near $57.7 per barrel, both down a little over 0.5% on the day.FT Markets+1 Prices are effectively flat compared with early Asian trading, when Brent was quoted near $62.4 and WTI around $57.9 per barrel.StockInvest