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Oil falls on hopes Russia-Ukraine energy ceasefire will boost supplies
Source: Livemint — Markets · 1 day ago
Summary
Oil prices dropped after President Trump said Ukraine and Russia had reached an energy cease‑fire, following a recent announcement of a diesel‑supply arrangement with Russia. Ukrainian President Volodymyr Zelensky said he is still waiting for details of the agreement, while Russia has not provided a comment.
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From the original report
President Trump unexpectedly announced on Sunday that Ukraine and Russia had agreed to an energy ceasefire following an announcement on Friday of a diesel-supply deal with Russia. Ukrainian leader Volodymyr Zelenskiy said he was still waiting to see details of the deal while Russia did not comment.
Excerpt from Livemint — Markets.
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