🚨🚨🚨 🛢️ Oil Price News Summary (December 2025)

​Brent Crude has been hovering around the $64 per barrel mark.

​WTI Crude prices are trading slightly lower, near $60 per barrel.

​Prices recently gained and are on track for a weekly gain, reaching a two-week high.

​The upward pressure is largely attributed to the geopolitical risk premium.

​Concerns over Venezuela's oil output are increasing following signals of US action.

​Lack of progress in US-Russia talks on Ukraine also supports prices by reducing supply restoration prospects.

​Expectations of a future US rate cut are also providing a bullish sentiment, hinting at potential economic stimulus and demand growth.

​However, the gains are capped by underlying worries about weak demand and oversupply.

​The U.S. crude oil stockpiles have recently shown an increase, signaling excess supply.

​Near-term market focus remains split between geopolitical supply risks and macroeconomic demand concerns.#OilPrice