Analysis of world oil prices at the end of the year is very important to understand the trends and factors that influence the global energy market. In recent years, oil prices have experienced significant fluctuations, influenced by economic factors, geopolitics and changes in energy policy. One of the main factors influencing oil prices is global demand. Later in the year, demand typically increases with winter and holidays, leading to a spike in energy needs. Countries such as China and India, which are the second and third largest oil consumers, play an important role in determining global demand. On the other hand, oil production from producing countries also influences prices. OPEC (Organization of Petroleum Exporting Countries) and its allies, such as Russia, often regulate production to maintain price stability. At the end of the year, OPEC production deals are often discussed at annual meetings, and their decisions can have a significant impact on oil prices. If OPEC decides to reduce production to support prices, there could be a spike in prices on international markets. In addition, geopolitical tensions in oil-producing regions, such as the Middle East, also influence prices. Political uncertainty can lead to speculation in the market, which often leads to higher oil prices. For example, sanctions against certain countries or armed conflict can cause supply disruptions, and oil prices to spike. Changes in global energy policy have also had a major impact. For example, the shift towards renewable energy and reducing dependence on fossil fuels is a major concern in many countries. At the end of the year, conversations about climate policy often come into focus, and the decisions made can impact investments in the oil and gas sector. If countries announce measures to reduce carbon emissions, this could affect long-term demand for oil. Historical data shows that the final months of the year tend to feature high price volatility. Investors often enter the market with speculation based on economic projections and oil stock reports. The weekly report on crude oil reserves released by the energy administration is also an important indicator. Investments in the oil sector also experience increases or decreases based on market sentiment. When prices creep up, many large oil companies tend to increase their investment in increasing production capacity. However, when prices fall, they may cut investment budgets, which can create a cycle in the market. Environmental and social aspects are also increasingly playing a role in oil market dynamics. Awareness of climate change is triggering many investors to consider the impact of their investments. This can make oil companies the targets of criticism, affecting their reputation and stock value, and prompting changes in companies’ operating practices. Overall, analysis of world oil prices at the end of the year involves considering various factors, from supply and demand to geopolitics and energy policy. Closely monitoring all of these elements is important to understand how oil prices will develop in the future.