# Oil Futures Up on Rising Fuel Prices and Aramco's OSPs Hike

> NYMEX WTI and ICE Brent futures settled higher after the EIA reported rising US retail fuel prices, with diesel up 5.8 cents to a 10-week high of $3.561/gal. Saudi Aramco raised its February official selling prices for Arab Light, with the largest hike to North America. Solid US ISM Services data for December also supported sentiment.

- Date: 2025-01-07 · published 2025-01-07T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/10353-oil-futures-up-on-rising-fuel-prices-and-aramco-s-osps-hike
- Commodities: [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md), [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md)

## Why it matters

Higher Aramco OSPs signal firm crude demand and raise the cost of imported crude, supporting energy prices. Stronger services activity points to healthier fuel demand.

## Read by commodity

- WTI: bullish ▲
- BRENT: bullish ▲

## Sources

- dtnpf.com: https://www.dtnpf.com/agriculture/web/ag/news/world-policy/article/2025/01/07/oil-futures-rising-fuel-prices-osps

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.