Oil prices dipped for a second day as peace talks between Russia and the US stalled, raising doubts about sanctions relief and increased supply. Geopolitical tensions persist with Ukrainian drone attacks on Russian oil infrastructure, while rising US inventories further fuel concerns of a global crude surplus. Market watchers eye upcoming official data for more clarity.
The information on this website does not constitute investment advice or a recommendation or a solicitation to engage in any investment activity. This website and its content are not intended for residents of the UAE, US, Canada, Australia, UK, Russia, North Korea, China, Japan, Hong Kong, Singapore and Iran.
Top10 International FZ LLE | 17th Floor, Creative Tower | 4422 | Fujairah | TRN: 100608946800003