Project News Details
Title:
Oil prices log steepest annual drop since 2020
Detail:
This decline was driven by expectations of oversupply. Factors like wars, increased OPEC+ output, and sanctions on Russia, Iran, and Venezuela contributed to the market's bearish sentiment. Analysts anticipate continued price volatility in the near term.
Country:
Source:
ET Energy World
Published Date:
31.12.2025
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