Reported about 14 hours ago
Oil prices remained stable following President Trump's call for Russia to negotiate a ceasefire with Ukraine, warning of economic penalties if no agreement is reached. Brent crude hovered near $70 a barrel after a notable increase, amid fears of disrupted supplies from Russia due to the ongoing conflict. The market is eyeing various deadlines for trade deals and an upcoming OPEC+ meeting, while also noting the potential for a supply glut later in the year.
Source: YAHOO