Oil futures were mixed Thursday, reflecting high volatility as the market assessed different reports from the EIA and OPEC, both anticipating weak oil demand for next year.

Oil futures prices dipped Thursday, breaking a three-day gain and despite expectations of limited supplies resulting from additional sanctions on Russia and a recovery of global demand anticipated by the IEA for this year and 2025.

Oil futures continued their upward trend Wednesday for the third consecutive day, driven by expectations of global supply tightness?after EU ambassadors agreed to approve the 15th package of sanctions against Russia Wednesday.

The front-month NYMEX crude contract prices for January deliveries and Brent crude contract prices for February edged down on Tuesday after the Energy Information Administration forecasted lower prices for both crude benchmarks in 2025.

Crude oil futures showed few changes Tuesday morning as the market seeks direction from U.S. inflation data and monitor tensions in the Middle East .

Oil futures maintained their upward trend Monday, despite Saudi Arabia cutting its official selling price of its crude benchmark for January shipments to Asia and other regions on expectations that sluggish global demand will...