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Brent settled up 59 cents to $63.26 and WTI rose 72 cents to $59.67 on expectations of a Fed rate cut and stalled Ukraine peace talks. Analysts expect Brent to trade in a $60-$70 range given the expected surplus.
Rate-cut expectations weaken the dollar and support commodities, while a stalled peace deal keeps sanctions-related supply risk in place, supporting crude.
reuters.comGeorgina MccartneyDec 4, 2025Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
