Reported about 13 hours ago
Oil prices are trending lower, hovering around $66 per barrel, as market participants anticipate a pivotal meeting between Donald Trump and Vladimir Putin. This summit could significantly impact crude oil flow from Russia, one of the largest producers globally. As geopolitical tensions continue, with the potential for sanctions and tariffs looming, the market grapples with fears of oversupply and fluctuating demand. Expectations for peace progress might alter the pricing landscape, but immediate outcomes from the meeting remain uncertain.
Source: YAHOO