As 2025 comes to a close, we look back at a year marked by OPEC+ production cuts, fluctuating demand from China, and the ongoing energy transition reshaping global markets.
The oil cartel announced extended supply restrictions as members aim to support prices amid global demand uncertainties.
International benchmark stabilizes near $61 as geopolitical tensions and supply disruptions support prices.
US natural gas prices stabilize around $3.60 as storage levels remain elevated but cold weather provides periodic support.
The worlds largest crude importer shows stronger-than-expected consumption growth as economic stimulus measures take effect.
Shell, BP, and TotalEnergies announce significant increases in clean energy spending as pressure mounts from investors and regulators.
American benchmark oil prices hold near $57 as EIA reports mixed inventory data from the Cushing hub.