Oil futures settled lower on Black Friday, reflecting a lack of trading activity typical for the holiday. As traders took a breather, the market reacted to geopolitical tensions and ongoing developments in the Russia-Ukraine conflict.

Key takeaways:

• Oil futures faced downward pressure due to low trading volumes.
• Geopolitical factors, especially the Ukraine situation, remained a focal point.
• Despite the dip, analysts note that crude oil remains stable post-holiday.

Here's the full scoop.