Brent Oil Extends Slide Below $60, Trump Sues BBC for $10 Billion | The Opening Trade 12/16

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Live on Bloomberg TVBrent Oil Extends Slide Below $60, Trump Sues BBC for $10 Billion | The Opening Trade 12/16The Opening TradeDecember 16th, 2025, 1:59 PM GMT+0000Oil extended declines, with Brent crude slipping below $60 a barrel for the first time since May, as indications grow that supply is outpacing demand against the backdrop of efforts to end the war in Ukraine.
President Donald Trump sued the BBC for at least $10 billion over a misleading edit in a documentary last year that gave the impression he’d made a direct call for violence in a speech leading up to the Jan. 6, 2021, attack on the US Capitol by his supporters. The lawsuit against the British Broadcasting Corp. was filed Monday in federal court in Miami.
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