Oil Prices Dip Slightly in Quiet Post-Holiday Trading
• Oil futures gave back gains from post-Christmas trading in low-volume session • Difficult to determine market direction as volumes are low for year-end squaring • Brent and WTI crude both dropped around $1.25 per barrel on Wednesday • Refined products headed in opposite ways - ULSD slipped while RBOB edged up • San Francisco CARBOB prices jumped 6.5-7 cents as premiums continue rising