Oil prices stuck between geopolitical worries and expectations for surplus

Date:

December 24, 2024

Oil futures were modestly higher in pre-holiday trade Tuesday, holding their recent range with support tied to lingering geopolitical worries around Russia and the Middle East and pressure linked to expectations for a crude surplus amid a shaky outlook for demand.

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Alexandra Williams

Alexandra Williams is a writer and editor. Angeles. She writes about politics, art, and culture for LinkDaddy News.

Oil prices stuck between geopolitical worries and expectations for surplus

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