Monday’s risk-off tone followed through into Monday where crude posted another rough day settling at 58.25, off ~3% from Friday’s close. Saudi Arabia lowered their OSP (“Official Selling Price”) which, thankfully, was met with some large Chinese purchases. Hopefully the large purchase China made yesterday put a floor under the...Offshore drilling rig by nielubieklonu via iStock
Read full articleCrude Holds 58.25 Ahead of a High-Stakes Fed Day
Written on 12/10/2025
Bill Baruch

