Industry at a glance

Despite expanding tensions in the Middle East, fresh instability in the Red Sea and the war in Ukraine, benchmark crude prices fell again in December, with Brent down 6.4% to $77.63/bbl, while WTI declined 7.5% to average $71.90/bbl.

Craig Fleming / World Oil

This is a preview of our premium content. Thank you for your interest—please log in or subscribe to read the full article.

©2024 World Oil, © 2024 Gulf Publishing Company LLC.
Copyright © 2022. All market data is provided by Barchart Solutions.
Futures: at least 10 minute delayed. Information is provided 'as is' and solely for informational purposes, not for trading purposes or advice. To see all exchange delays and terms of use, please see disclaimer.

All material subject to strictly enforced copyright laws

Please read our Terms & Conditions, Cookies Policy and Privacy Policy before using the site.

Connect with World Oil

Connect with World Oil, the upstream industry's most trusted source of forecast data, industry trends, and insights into operational and technological advances.

Subscribe Newsletter Sign Up