Crude oil posted its sharpest annual decline since 2020 in 2025, with Brent down 19% and WTI falling 20% as prices slid to near multi-year lows. Persistent oversupply, where global production consistently outpaced demand and inventories swelled, outweighed brief price support from geopolitical tensions, keeping the market under pressure.
​Crude oil posted its sharpest annual decline since 2020 in 2025, with Brent down 19% and WTI falling 20% as prices slid to near multi-year lows. Persistent oversupply, where global production consistently outpaced demand and inventories swelled, outweighed brief price support from geopolitical tensions, keeping the market under pressure. by Soban News (international And National News)
