The Factors That Will Drive Oil Prices in 2025 ...Middle East

OILPRICE - Economy
The Factors That Will Drive Oil Prices in 2025
source : OILPRICE ( Middle East ) () 107
This year in oil has been marked by chronic trader pessimism about Chinese demand and an equally chronic downplaying of supply disruption risks. This has made for a rather stable year in prices—and the stability could continue in 2025, on a few conditions. Brent crude and West Texas Intermediate appear set to end the year at nearly the same levels that they started. WTI started 2024 at a little over $70 per barrel and is about to end a little below that. Brent crude looks like it will post a little more noticeable loss, starting the year…

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