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Global oversupply drove Brent crude down to $63 in December 2025

Brent crude fell to its lowest level since 2021, as persistent oversupply throughout 2025 weighed on prices despite isolated geopolitical tensions and China’s strategic stockpiling.

Global oversupply drove Brent crude down to $63 in December 2025

CountriesChine, Israël, Iran, Russie, États-Unis
CompaniesOPEP, Energy Information Administration
SectorPétrole
ThemeMarchés & Finance

Brent crude oil prices declined steadily throughout 2025, falling to $63 per barrel in December, marking the lowest monthly average since early 2021. The drop occurred amid a persistent global surplus, with production consistently outpacing demand, according to data from the Energy Information Administration.

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Pétrole