Oil prices remained stable in subdued year-end trading, as investors assessed potential risks in the global economy heading into 2025. Market activity was muted, with traders reluctant to make bold moves amid lingering concerns over global demand and the impact of central bank policies on economic growth. Brent crude hovered around $80 per barrel, reflecting cautious sentiment, while U.S. West Texas Intermediate (WTI) remained near $75 per barrel.
Economic uncertainty is a dominant theme as traders weigh the possibility of a slowdown in key economies. Concerns about interest rate policies, inflation trends, and geopolitical risks have added to the cautious tone in energy markets. Analysts suggest that despite recent price stability, oil demand in 2025 could face headwinds if growth forecasts weaken. This tempered outlook is further complicated by OPEC+ production plans, which remain a pivotal factor in balancing the market.
By taking a measured approach, investors are positioning themselves for what could be a volatile year ahead, shaped by a mix of macroeconomic and industry-specific pressures.
