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4 days agoOil prices dip as hopes rise for Ukraine-Russia ceasefire easing supply constraints
Oil benchmark prices dropped modestly as traders reacted to growing speculation over a possible Ukraine–Russia ceasefire, which could ease supply tightness and lead to a surge in Russian exports. Brent crude futures fell 0.5% to $62.80 a barrel, while U.S. West Texas Intermediate slipped 0.6% to $58.33. Markets remain cautious ahead of a potential OPEC+ meeting and because global trading volumes are low amid the U.S.
Reuters• By Pooja Kumari
Explore:Mutual Fund Themes
neutral
4 days agoOil prices dip as hopes rise for Ukraine-Russia ceasefire easing supply constraints
Oil benchmark prices dropped modestly as traders reacted to growing speculation over a possible Ukraine–Russia ceasefire, which could ease supply tightness and lead to a surge in Russian exports. Brent crude futures fell 0.5% to $62.80 a barrel, while U.S. West Texas Intermediate slipped 0.6% to $58.33. Markets remain cautious ahead of a potential OPEC+ meeting and because global trading volumes are low amid the U.S.
Reuters• By Pooja Kumari
Explore:Mutual Fund Themes
1 min read
66 words
Crude prices fall on hopes of a ceasefire in Ukraine, which could ease Russian supply constraints and shift global oil dynamics.
Oil benchmark prices dropped modestly as traders reacted to growing speculation over a possible Ukraine–Russia ceasefire, which could ease supply tightness and lead to a surge in Russian exports. Brent crude futures fell 0.5% to $62.80 a barrel, while U.S. West Texas Intermediate slipped 0.6% to $58.33. Markets remain cautious ahead of a potential OPEC+ meeting and because global trading volumes are low amid the U.S.
Oil benchmark prices dropped modestly as traders reacted to growing speculation over a possible Ukraine–Russia ceasefire, which could ease supply tightness and lead to a surge in Russian exports. Brent crude futures fell 0.5% to $62.80 a barrel, while U.S. West Texas Intermediate slipped 0.6% to $58.33. Markets remain cautious ahead of a potential OPEC+ meeting and because global trading volumes are low amid the U.S.
Nov 27, 2025 • 07:10