Oil prices steady as worries over Red Sea disruptions ease


Oil futures were little changed Tuesday as U.S. traders returned from the Christmas holiday, losing ground as worries eased around the potential for significant disruptions to crude supplies as a result of attacks on shipping in the Red Sea.

Price action

Market drivers

Oil futures have seen choppy trade as U.S. market participants return from the Christmas holiday. A number of markets in Europe remain closed Tuesday, making for thin trading conditions.


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