How Far Can Brent and WTI Fall in an Oversupplied Market?

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Brent and WTI crude oil prices have fallen due to an oversupplied market and potential peace deal in Ukraine, raising concerns about how low prices could sink.

Market Impact

Market impact analysis based on bearish sentiment with 79% confidence.

Sentiment
Bearish
AI Confidence
79%

Article Context

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Earlier this week, Brent crude slipped below $60 per barrel, and West Texas Intermediate dipped to $55, under the combined weight of a projected supply overhang and media reports claiming the United States and Russia were close to a peace deal for Ukraine. Even a blockade on sanctioned tankers carrying Venezuelan crude ordered by President Trump did not do much for prices. The question now is just how low Brent and WTI could sink from here. President Trump said this week that a peace deal for Ukraine is closer than ever. However, this may be just…

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Original article published by OilPrice.com on December 18, 2025.
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