Oil futures on Tuesday settled at their highest level this month in holiday-thinned trading, as U.S. traders returned from the Christmas break and continued to weigh the potential for significant disruptions to crude supplies as a result of further attacks on shipping vessels in the Red Sea.
Price action
Market drivers
Oil futures saw choppy trading on Tuesday as U.S. market participants returned from the Christmas holiday, while a number of markets in Europe remained closed Tuesday, making for thin trading…
Master your money.
Subscribe to MarketWatch.
Get this article and all of MarketWatch.
Access from any device. Anywhere. Anytime.
Subscribe Now
Already a subscriber?
Log In
Read the full article here
