Crude oil prices stabilized on reserves data

Crude prices declined by 0.17%-0.25%

As of December 29, 07:46 (UTC+3), Brent Crude futures for March settlement were trading 0.08% higher at $78.73 a barrel on the London-based ICE Futures Europe Exchange.

Light Sweet Crude (WTI) futures for February delivery on the New York Mercantile Exchange is flat at $75.98 a barrel.

Crude oil prices have stabilized on the American Petroleum Institute's reserves data.