Reasons Behind Oil's Expected Largest Annual Decline Since the Pandemic
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Nov 28 2025
0mins
Source: MarketWatch
Market Uncertainty: The oil market began the year with uncertainty as President Trump aimed to increase U.S. crude supplies and address geopolitical tensions, particularly the Russia-Ukraine conflict.
Year-End Clarity: By the end of the year, there is more clarity regarding these issues, but oil prices are still on track for their largest annual loss since the pandemic.
Production Increase: Major oil producers are accelerating their plans to boost production, contributing to the decline in oil prices.
Impact of Tariffs: Trump's proposed tariffs on imported goods also play a role in shaping the oil market dynamics throughout the year.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
