Oil prices tumble to lowest since May, on pace for biggest decline in 7 years
- Posted on December 16, 2025
- By CNBC
- 2 Views
Oil prices tumble to lowest since May, on pace for biggest decline in 7 years
The oil market is under pressure as OPEC+ members have rapidly ramped up production and the U.S. pressures Ukraine to accept a peace agreement with Russia.
