Global oil markets crash, as Brent slides under $60 and WTI tumbles to $55
Dec 16, 2025
< 1 min read
by Jai Hamid
for CryptoPolitan

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AI Overview
Brent crude oil prices fell below $60, closing at $59.96, causing significant concern in the oil market. WTI crude also dropped, hovering around $55.
Bearish
Brent broke below $60 and sent a shock across the oil market, dropping to $59.96 after a steady grind lower through 2025.WTI followed the move and sat near $55.