$60 Oil Is No Longer a Floor

Market Intelligence Analysis

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Why This Matters

Oil prices are struggling to maintain the $60 per barrel threshold, with markets becoming increasingly desensitized to geopolitical risks, particularly those related to Russia and Venezuela.

Market Impact

Market impact analysis based on bearish sentiment with 77% confidence.

Sentiment
Bearish
AI Confidence
77%

Article Context

Note: This is a brief excerpt for context. Click below to read the full article on the original source.

Brent is clinging to $60 per barrel, but markets have become even less sensitive to geopolitical risk. Friday, December 19, 2025 Things are not looking good for oil, with Trump’s belligerent rhetoric vis-à-vis Venezuela only pushing ICE Brent futures to $60 per barrel after a slide below that psychological threshold earlier in the week. Sanctions against Russia or threats thereof have by now desensitized the market towards Russian supply risks, once again demonstrated by the lack of price movements after Ukraine targeted another shadow…

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Original article published by OilPrice.com on December 19, 2025.
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