2025-12-12 01:14:24 pm | Source: Accord Fintech
Crude oil futures end lower on Thursday
Crude oil futures ended lower on Thursday amid a decrease in the U.S. dollar, which added downward pressure on oil prices. Besides, investors remained optimistic about US President Donald Trump’s efforts to end the Russia-Ukraine war. Trump stated that he had a ‘strong exchange of words’ with the European leaders during his conversation with them on his ceasefire proposal.
Benchmark crude oil futures for January decreased $0.86 or 1.47% at $57.60 a barrel on the New York Mercantile Exchange. Brent crude for February delivery declined $0.93 or 1.49% to settle at $61.28 a barrel on London's Intercontinental Exchange.
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