Oil prices pull back from December highs as traders monitor Red Sea developments

Oil prices pull back from December highs as traders monitor Red Sea developments

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Oil futures pulled back from December highs early Wednesday as investors continued to monitor developments in the Red Sea amid worries over potential disruptions to crude shipments. • West Texas Intermediate crude for February delivery CL00, CLG24, CL.1, fell 53 cents, or 0.7%, to $75.04 a barrel…

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