From Dow Jones & Company:



Oil futures were little changed as U.S. traders returned from the Christmas holiday, and worries around the potential for significant disruptions to crude supplies from attacks on shipping in the Red Sea eased. The market experienced choppy trade as U.S. market participants returned from the holiday, with thin trading conditions due to closed markets in Europe.

The concerns about disruptions to crude supplies as a result of attacks on shipping in the Red Sea have lessened, leading to little change in oil futures as U.S. traders returned from the Christmas holiday.

Overall, oil futures experienced choppy trade as U.S. market participants returned from the holiday, with thin trading conditions due to closed markets in Europe.



Read more: Oil prices steady as worries over Red Sea disruptions ease