Oil prices stayed below predictions despite the US and Iran conflict. China's reduced oil imports significantly impacted global demand for crude. The United States increased its own oil production and released reserves. President Trump's statements influenced market sentiment and trader behavior. Saudi Arabia rerouted shipments, and ample physical oil supply also helped.

Oil prices rise amid US-Iran tensions. Crude oil reaching a new all-time high by December 31 at 12% YES.

Oil prices stayed below predictions despite the US and Iran conflict. China's reduced oil imports significantly impacted global demand for crude. The United States increased its…