Brent: prices fall to support at 60.00 USD
Brent prices have dropped toward the 60.00 USD area amid peace talks on Ukraine and concerns over excess oil supply in global markets. Details — in our analysis for 16 December 2025.
Brent forecast: key trading points
Market focus: today the market awaits US employment data for November
Current trend: a downward move is observed
Brent forecast for 16 December 2025: 58.50 or 64.00
Fundamental analysis
Brent prices are declining, falling toward the psychologically important 60.00 USD level, supported by renewed negotiations over a potential peace agreement between Russia and Ukraine.
On Monday, US officials signaled that an agreement between Russia and Ukraine is closer than ever, as Washington has agreed to provide security guarantees to Kyiv, although territorial issues remain unresolved.
RoboForex Market Analysis & Forex Forecasts
Attention!
Forecasts presented in this section only reflect the author’s private opinion and should not be considered as guidance for trading. RoboForex bears no responsibility for trading results based on trading recommendations described in these analytical reviews.
Sincerely,
The RoboForex Team