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

Press Room
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.

SlavkoSereda/iStock via Getty Images

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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