21 Hrs
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المشهد العربي
Oil steady before Russia-Ukraine talks
Global oil prices settled steady at the close, as markets assessed supply and demand prospects amid a potential breakthrough in peace talks between Russia and Ukraine, alongside diplomatic efforts to bring the United States and Iran back to negotiations. Prices relinquished early gains after discussions between Iran and Pakistan over disputes with Washington were announced, while the Russian president agreed to resume negotiations with Ukraine mediated by the United States. Additionally, the Ukrainian president called for a trilateral meeting soon. December Brent crude settled at $108.82, whereas West Texas Intermediate fell to $97.15, down 0.68%.
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