Commodity Roundup: Move higher in oil appears to be running out of steam – ING
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Commodity Roundup: Move higher in oil appears to be running out of steam – ING

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Jan. 07, 2025 5:45 AM ETBrent Futures (CO1:COM), CC1:COM, GLDIAU, UCO, SLV, SIL, MDLZ, HSY, USO, GDX, DBO, UNG, FCG, JJCTF, USL, SCO, LDSVF, SGOL, SIVR, GDXJ, UNL, PHYS, COPX, BYCBF, BNO, NSRGY, PSLV, NUGT, BOIL, KOLD, CPER, RING, OUNZ, SILJ, GUSH, DRIP, USOI, BAR, GLDM, AAAU, CL1:COMBy: Arundhati Sarkar, SA News Editor
Commodity Roundup: Move higher in oil appears to be running out of steam – ING

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Analysts at ING still see oil prices trending lower through the year, adding that the move higher in crude oil prices appears to be running out of momentum, although Brent (CO1:COM) continues to trade above $76/bbl.

While there has been some tightening in


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