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Oil Prices Resist Downward Trend as Global Supply and Geopolitics Collide

NEW YORK, Dec. 27, 2025 — Global oil markets ended the year in a familiar state of tension. Prices edged higher in quiet post-Christmas trading, defying expectations of a sharper pullback despite widespread agreement that supply remains abundant. Brent crude hovered in the low sixties while US benchmarks stayed below 60, modest gains that spoke less to enthusiasm and more to caution. Traders appeared unwilling to push prices lower while geopolitical uncertainty once again intruded on an already fragile balance. Venezuela dominates market risk calculations, where renewed US actions have put a spotlight on supply from the Caribbean. While the volumes involved are modest on a global scale, the symbolism is powerful. Markets that have spent much of the year focused on oversupply are now being forced to account for political decisions that could disrupt flows with little warning. A Market B...


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