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Oil Prices Drift Higher in Absence of Catalysts, Low Holiday Trading

Sunday, December 7th, 2025

 Oil was firmer in Europe but investors are awaiting a U.S. initial jobless claim print due on Thursday and the start of the new year for fresh catalysts, with Donald Trump taking office on Jan. 20. Oil was firmer in Europe but investors are awaiting a U.S. initial jobless claim print due on Thursday and the start of the new year for fresh catalysts, with Donald Trump taking office on Jan. 20.

​WSJ.com: Markets

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