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Rich Asplund

Crude Prices Slip on Prospects to End the War in Ukraine

Oil Ukraine OPEC United States Donald Trump EIA Volodymyr Zelenksyy Russia

September WTI crude oil (CLU25) on Tuesday closed down -1.07 (-1.69%), and September RBOB gasoline (RBU25) closed down -0.0097 (-0.46%).

Crude oil prices retreated on Tuesday on signs of progress in Ukraine peace talks, which could pave the way for fewer restrictions on Russian crude exports. Tuesday's stronger dollar also weighed on crude prices.

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