neutral
5 days agoCrude oil eases as markets react to hopes of Ukraine-Russia ceasefire
Global oil benchmarks eased on Thursday after renewed optimism around potential ceasefire talks between Ukraine and Russia, which could unlock previously sanctioned Russian supply. Brent crude dropped about 0.5% to $62.80 a barrel, while U.S. WTI slipped 0.6% to $58.33. Traders said expectations of increased output amid easing sanctions outweighed recent supply disruptions.
Reuters• By Pooja Kumari
Explore:High Return Equity Mutual Fund
neutral
5 days agoCrude oil eases as markets react to hopes of Ukraine-Russia ceasefire
Global oil benchmarks eased on Thursday after renewed optimism around potential ceasefire talks between Ukraine and Russia, which could unlock previously sanctioned Russian supply. Brent crude dropped about 0.5% to $62.80 a barrel, while U.S. WTI slipped 0.6% to $58.33. Traders said expectations of increased output amid easing sanctions outweighed recent supply disruptions.
Reuters• By Pooja Kumari
Explore:High Return Equity Mutual Fund
1 min read
52 words
Oil prices dipped as markets priced in a possible ceasefire in Ukraine, raising prospects of resumed Russian exports and oversupply risk in 2026.
Global oil benchmarks eased on Thursday after renewed optimism around potential ceasefire talks between Ukraine and Russia, which could unlock previously sanctioned Russian supply. Brent crude dropped about 0.5% to $62.80 a barrel, while U.S. WTI slipped 0.6% to $58.33. Traders said expectations of increased output amid easing sanctions outweighed recent supply disruptions.
Global oil benchmarks eased on Thursday after renewed optimism around potential ceasefire talks between Ukraine and Russia, which could unlock previously sanctioned Russian supply. Brent crude dropped about 0.5% to $62.80 a barrel, while U.S. WTI slipped 0.6% to $58.33. Traders said expectations of increased output amid easing sanctions outweighed recent supply disruptions.
Nov 27, 2025 • 07:27