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Reuters named the reasons – UNIAN
Analysts attribute this to uncertainty regarding demand for “black gold”, as well as to the growth of the US dollar.
Oil prices fell on Friday, December 20, due to concerns about demand in 2025, especially in China, the world's largest importer of the commodity. Reuters reports this.
Brent crude futures fell 32 cents, or 0.4%, to $72.56 a barrel. U.S. crude oil futures WTI (West Texas Intermediate) also fell 32 cents, or 0.5%, to $69.06 a barrel.
Earlier, Chinese state-owned refiner Sinopec said China's crude oil imports could peak next year.
In general, the market is frightened by the uncertainty regarding the demand for “black gold”. Let us remind you that recently OPEC+ for the fifth time…
