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The Economic Times
The Economic Times
Business

Oil falls on hopes Russia-Ukraine energy ceasefire will boost supplies

Oil Donald Trump Mideast United States Saudi Arabia Middle East Yemen

Oil prices slipped on Monday on expectations of more Russian supplies after US President Donald Trump said Ukraine and Russia had agreed to halt attacks on each other's energy facilities following a US diesel-supply deal with Moscow.

Brent crude futures fell $1.37, or 1.31%, to $103.35 a barrel by 0037 GMT while US West Texas Intermediate crude was at $90.55 a barrel, down $1.30, or 1.42%.

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