Executive Summary

Key insights and market outlook

Oil prices have experienced fluctuations due to the geopolitical tensions in the Middle East and Ukraine ¹

². The prices of Brent and West Texas Intermediate (WTI) crude oil have seen changes, with Brent prices reaching $61.92 per barrel and WTI prices at $57.95 per barrel ¹. These fluctuations are attributed to the conflict between Russia and Ukraine and the increasing tensions in the Middle East, particularly in Yemen ².

Full Analysis

02

Deep Dive Analysis

Oil Price Fluctuations Amid Geopolitical Tensions

Middle East and Ukraine Conflicts Impact Oil Markets

The oil market has been experiencing fluctuations due to the geopolitical tensions in the Middle East and Ukraine ¹

². On December 30, 2025, the price of Brent crude oil for February 2026 delivery closed at $61.92 per barrel, down 2 cents, or 0.03%, while the price of West Texas Intermediate (WTI) crude oil for February 2026 delivery closed at $57.95 per barrel, down 13 cents, or 0.22% ¹.

Geopolitical Tensions and Oil Price Volatility

The conflict between Russia and Ukraine, as well as the increasing tensions in the Middle East, particularly in Yemen, have contributed to the oil price volatility ²

. The situation has led to a decrease in investor confidence, resulting in a more cautious approach to oil investments.

References