Oil prices drop with investor evaluation of market prospects in 2025

Oil prices dropped at the end of the year, as investors evaluated expectations for 2025, while following the development in the Middle East. Brent roughly settled near $ 73 a barrel after dropping 0.4% on Thursday, while Western Texas’ interim crew remained at a level of less than $ 70 a barrel. The volatility index has decreased ten days from the US rough standard to the lowest level since 2021, with the same Brent -Ru drop index to the lowest lecture since March. In the Middle East, Israel hit targets in Yemen, which he said was under the control of the Houthi group, one of the Iranian armed groups, still fully involved in the war that started 14 months ago. The group threatened to send in the Red Sea and forced the tankers to follow more ways around South Africa. The marketing prospects on RU prices turn to a modest annual loss, although the trade has been limited to a narrow series since mid -October. Wide scale fear spreads that the market may suffer from a surplus next year with the slowdown of Chinese demand and the expansion of global supplies, although traders are cautious about the most stringent US sanctions against the flow of Iran, under Donald Trump’s presidency. “The crude oil market is largely stable in light of the dynamics of these low fluctuations,” says Jao Gaian, an analyst at ‘hinging futures’, adding that investors’ concerns about the balance of supply and demand, as well as geopolitical factors, are still without a solution. “