Reported 11 days ago
Crude oil WTI futures saw a slight increase after President-elect Donald Trump urged Russian President Vladimir Putin to deescalate the Ukraine conflict during their first phone conversation since Trump's election victory. The WTI futures rose by 0.18% to $70.25 per barrel, as the market reacted positively to the potential easing of geopolitical tensions that could stabilize supply. This interaction comes amid heightened scrutiny of Russian oil trades and ongoing U.S. sanctions against Russia, potentially impacting future oil prices.
Source: YAHOO