English 
Spanish 
2 min read
1 comments
Not even conflicts in the Middle East can stop the decline, says the United States Department of Energy; forecast for 2025 worsens even further.
If you thought that oil was immune to such a sharp drop, especially with geopolitical conflicts popping up, get ready: the price has dropped more than 5% today alone! That's right, Brent oil, which everyone thought would skyrocket with the request between Israel, Iran and Hezbollah, has simply lost its steam. Is it the United States' fault? Yes! The Department of Energy (DoE) threw a bucket of cold water on the price by outlining a worrying scenario for 2025, and not even the conflicts can keep the price down.
Today, Brent fell more than 5%, trading at US$76,64 per barrel , while WTI follows the same trend and is now in US$ 73,73 . And look, the week had started with a rise in prices, driven by tensions in the Middle East that threatened the supply of oil.
Karoon seeks partner for oil project in Brazil, plans US$1 billion investment
- Petrobras unit makes small city one of the most polluting
- Green energy revolution: Biomethane replaces natural gas in sustainable ammonia production, reducing dependence on fossil fuels
- No soy or sugarcane! Brazil's largest exported product is oil, to the delight of Petrobras and other companies in the sector.
- From pre-salt to the largest gas reserve: Petrobras discovers 6 trillion cubic feet of gas in Colombia and leads global energy revolution
What did the DoE say that founded Petroleum?
The DoE of United States released a bombshell report: it blocked the forecast for the average price of Brent Oil from 2024 to US$81 per barrel , and the worst came in 2025, with an even more notable drop: the forecast, which was US$ 84,09 , has now plummeted to US$ 78,00 ! This, of course, shook the market and helped push the price of oil down.
And why is this decline so damaging? The Department points out that, despite current trends, the global scenario does not favor a significant increase in demand for oil in the near future. The review takes into account a weaker global growth , which should impact demand for the commodity. Even with the conflicts, the future economic scenario weighed more.
What to expect for the future of the American economy?
The report did not just bring more news about Oil. For the United States , economic variations are even optimistic. The DoE revised upwards the growth of the American GDP, which is now expected to reach 2,7% in 2024 , against a previous forecast of 2,6%. For 2025, GDP growth was also revised upwards, from 1,9% per year .
What will be the global impact?
With this new pessimistic projection for the price of Oil, How will the global market react?
What do you think will happen with oil prices? Will they continue to fall or will we see a turnaround?
And the battlefield, the only thing that matters is victory, winning and winning and winning Sergioguedes, I win. Brazil is the most important country in the world. If Brazilian businessmen invest in carnauba, graphene, niobium, gold, technology is all here in Brazil. Just stop being a government parasite and invest. With what you have, you can prosper. Just join a prosperous cluster to export and have great profits. You'll be left behind. Whoever wins will profit and have profits. China will give you handouts and keep what you have. You'll be slaves to the Chinese, Americans, Arabs, Europeans, you ****