Brent Crude Stabilizes Near Sixty Dollars Amid Sanctions and Global Glut
December 20, 2025
Brent prices held steady at $60.15 as the market weighs fresh UK sanctions on Russian oil firms against a broad global surplus.
All news articles related to Crude Oil (BRENT)
December 20, 2025
Brent prices held steady at $60.15 as the market weighs fresh UK sanctions on Russian oil firms against a broad global surplus.
December 19, 2025
Brent crude settled at $60.11 per barrel as the market weighs a blockade of Venezuelan tankers against a broad global surplus.
December 18, 2025
Brent crude rose over 1.5 percent to $60.63 as a blockade on sanctioned oil vessels offsets surplus fears.
December 17, 2025
Brent crude dipped below the $60 mark, falling alongside WTI as the global supply surplus forecast and weak Eurozone demand continue to pressure the market.
December 16, 2025
Brent crude trades near $60.38, pressured by the global supply surplus forecast and continued weak industrial activity across the Eurozone.
December 13, 2025
Brent crude trades near $61, weighed down by weak European industrial data and ample global supply.
December 6, 2025
Brent crude is anchored by weak Eurozone data and stabilized shipping costs despite geopolitical tension.
December 15, 2025
Brent crude ended the week tracking a loss of over 3% near $61.39, pressured by the IEA's forecast for a record global surplus and soft European demand.