Reported 3 days ago
Oil prices remained mostly unchanged as investors focused on the potential for a peace deal between Russia and Ukraine, which could lift sanctions affecting global oil supply. Brent crude dipped slightly to $74.73 a barrel while U.S. West Texas Intermediate fell to $70.67. U.S. President Trump hinted at upcoming negotiations with Russia to resolve the conflict. Analysts note that while a resolution could lead to increased Russian oil in global markets, the near-term outlook for oil remains supported by stable demand forecasts.
Source: YAHOO