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Title:

Oil edges higher following biggest annual loss since 2020

Detail:

Ukrainian drone attacks on Russian energy facilities and US sanctions impacting Venezuelan exports are contributing factors. Despite these geopolitical tensions, concerns over global oversupply had previously driven down prices, marking the third consecutive year of losses for Brent crude.

Country:

India

Source:

ET Energy World

Published Date:

01.01.2026

URL:

View Original URL

Regions:

Asia SAARC Countries South Asia

Sectors:

Non-Renewable Energy Oil and Gas Defence and Security Construction Energy-Power and Electrical Computer Hardwares and Consumables

Project News Details

Title	Oil edges higher following biggest annual loss since 2020
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Detail	Ukrainian drone attacks on Russian energy facilities and US sanctions impacting Venezuelan exports are contributing factors. Despite these geopolitical tensions, concerns over global oversupply had previously driven down prices, marking the third consecutive year of losses for Brent crude.
Country	India
Source	ET Energy World
Regions	Asia SAARC Countries South Asia
Sectors	Non-Renewable Energy Oil and Gas Defence and Security Construction Energy-Power and Electrical Computer Hardwares and Consumables
Published Date	01.01.2026
Original Url	Original Url
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Title
Oil edges higher following biggest annual loss since 2020
Detail
Ukrainian drone attacks on Russian energy facilities and US sanctions impacting Venezuelan exports are contributing factors. Despite these geopolitical tensions, concerns over global oversupply had previously driven down prices, marking the third consecutive year of losses for Brent crude.
Country
India
Source
ET Energy World
Regions
Asia SAARC Countries South Asia
Sectors
Non-Renewable Energy Oil and Gas Defence and Security Construction Energy-Power and Electrical Computer Hardwares and Consumables
Published Date
01.01.2026
Original Url
View Original Url
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Oil edges higher following biggest annual loss since 2020

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