Commodity Roundup: Oil rises to start new year, Russian gas exports to EU via Ukraine halted

Written By Michael Gary Scott
Jan. 02, 2025 5:43 AM ETBrent Futures (CO1:COM), USOGLD, IAU, UCO, SLV, SIL, GDX, DBO, UNG, FCG, USL, SCO, SGOL, SIVR, GDXJ, UNL, PHYS, BNO, PSLV, NUGT, BOIL, KOLD, RING, OUNZ, SILJ, GUSH, DRIP, USOI, BAR, GLDM, AAAU, NG1:COM, XAUUSD:CUR, CL1:COMBy: Arundhati Sarkar, SA News Editor
The chemical plant staff are checking the equipment

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Oil prices edged up on Thursday after a holiday-thinned trading session driven by demand optimism in China, the world’s largest crude oil importer, and supported by an industry report showing a decline in US crude inventories.

Brent crude (CO1:COM) futures rose +1.12% to $75.47

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