Reported about 12 hours ago
Oil prices dipped as speculation over a potential peace agreement between Ukraine and Russia raised hopes for ending sanctions that have been disrupting supply. Brent and West Texas Intermediate (WTI) crude both fell by about 0.73%, driven by optimism that oil supply risks may ease following discussions between the leaders. Additionally, concerns over U.S. President Trump's plans for reciprocal tariffs added to pressure on prices, while rising crude inventories in the U.S. further weighed on the market.
Source: YAHOO