Oil Prices Soften, Trading Activity Drops
Update: 2025-12-12
Description
Oil prices dip slightly in early Friday trading, with Light Sweet Crude futures closing lower across the board. The January twenty-six contract ended at $57.37 per barrel, down $0.23 from its opening. Other contracts also experienced small drops, indicating a general downward trend in the short-term oil market. Trading volume and open interest both saw decreases, suggesting less active trading and some traders closing out positions. The oil market is showing a modest softening in prices and trading activity today.
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