Saudis hike selling prices to Asia, showing tightening physical crude market

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Jan. 06, 2025 6:30 PM ETUnited States Oil Fund, LP ETF (USO), CL1:COMUCO, DBO, USL, SCO, BNO, GUSH, DRIP, ARMCO, USOI, CO1:COM, HO1:COMBy: Carl Surran, SA News Editor
Data analyzing in commodities energy market: the charts and quotes on display. US WTI crude oil price analysis. Stunning price drop for the last 20 years.

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Crude oil futures gave up early gains to post modest losses on Monday, as some bearish economic news from the U.S. and Germany offset bullish support from a weaker U.S. dollar and forecasts for higher heating demand due to severe winter weather.


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