neutral
6 days agoGlobal oil prices fall as Ukraine-Russia ceasefire hopes rise
Crude oil prices slipped after renewed optimism over a possible ceasefire between Ukraine and Russia, which could unlock additional sanctioned Russian supply. Brent futures fell about 0.5% to $62.80 a barrel, while U.S. WTI dropped around 0.6% to $58.33. Traders cautioned that oversupply risk may grow if sanctions ease, and volatility is likely until the next OPEC+ meeting.
Reuters• By Pooja Kumari
Explore:High Return Equity Mutual Fund
neutral
6 days agoGlobal oil prices fall as Ukraine-Russia ceasefire hopes rise
Crude oil prices slipped after renewed optimism over a possible ceasefire between Ukraine and Russia, which could unlock additional sanctioned Russian supply. Brent futures fell about 0.5% to $62.80 a barrel, while U.S. WTI dropped around 0.6% to $58.33. Traders cautioned that oversupply risk may grow if sanctions ease, and volatility is likely until the next OPEC+ meeting.
Reuters• By Pooja Kumari
Explore:High Return Equity Mutual Fund
1 min read
58 words
Oil prices fell as markets factored in a possible Ukraine-Russia ceasefire that may restore Russian supply and ease global energy tightness.
Crude oil prices slipped after renewed optimism over a possible ceasefire between Ukraine and Russia, which could unlock additional sanctioned Russian supply. Brent futures fell about 0.5% to $62.80 a barrel, while U.S. WTI dropped around 0.6% to $58.33. Traders cautioned that oversupply risk may grow if sanctions ease, and volatility is likely until the next OPEC+ meeting.
Crude oil prices slipped after renewed optimism over a possible ceasefire between Ukraine and Russia, which could unlock additional sanctioned Russian supply. Brent futures fell about 0.5% to $62.80 a barrel, while U.S. WTI dropped around 0.6% to $58.33. Traders cautioned that oversupply risk may grow if sanctions ease, and volatility is likely until the next OPEC+ meeting.
Nov 27, 2025 • 09:06