Oil benchmarks little changed for 2024; demand concerns dampen 2025 price outlook


Dec. 31, 2024 8:30 PM ETUnited States Oil Fund, LP ETF (USO), XLEUCO, FCEL, YPF, DBO, SUNE, USL, USLM, SCO, ALTM, BNO, SEDG, GUSH, DRIP, AQMS, VST, SEI, USOI, PLL, ASTI, NOVA, CO1:COM, HO1:COM, XB1:COM, CL1:COM, MAXN, EOSE, SMR, PPTA, WAVE, ASPI, ATLX, TLNBy: Carl Surran, SA News Editor
Oil benchmarks little changed for 2024; demand concerns dampen 2025 price outlook

SlavkoSereda/iStock via Getty Images

Crude oil futures rose Tuesday but finished mixed for the full year, as China’s economy struggled and the U.S. and other non-OPEC producers pumped more crude into a well-supplied global market.

U.S. oil production rose by 260K bbl/day to a record high



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