Dec 16, 2025
    (CNN)– There’s more hurt for a struggling oil market. U.S. crude prices fell two-and-a-half percent on Tuesday, Dec. 16, down to $55.40 per barrel. That’s on track to finish at a low not seen since February of 2021. Brent Crude which serves as the world benchmark is also set to drop t o a four-and-a-half year low. Analysts say energy traders are bracing for a possible deal between Russia and Ukraine which would worsen the supply glut. However, the oversupplied market is a gift for U.S. drivers getting ready for holiday travel. Categories: News Tags: gas price, Gas Prices, lower gas prices, Oil Prices, U.S. economy ...read more read less
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