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Oil prices steady as worries over Red Sea disruptions ease

News RoomBy 0 ViewsNo Comments1 Min Read

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.

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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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