“Global oil prices fell more than one percent to less than $60 a barrel on expectations of a possible deal to end Russia’s war against Ukraine, which could lead to the easing of sanctions and increased supply in the market”, — write: www.radiosvoboda.org
Oil prices on the world market fell amid hopes for an agreement to end Russia’s war against Ukraine. Analysts suggest that reaching agreements could ease sanctions against Russian crude oil and increase oversupply on the market, Reuters writes
International benchmark Brent crude fell more than one percent to below $60 a barrel for the first time since May.
US President Donald Trump said on December 15 that an agreement to end Russia’s war in Ukraine is closer than ever. This happened after he spoke with his Ukrainian counterpart, Volodymyr Zelenskyi, and a number of European leaders.
