When was oil 25 dollars a barrel?

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1198136

2026-03-21 11:10

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Oil prices reached around $25 a barrel in early 2016, following a period of significant decline due to oversupply and weakening demand. This was part of a broader trend that saw prices drop from over $100 a barrel in mid-2014. Prices fluctuated around this level throughout 2016 before beginning a gradual recovery.

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