Oil falls on hopes Russia-Ukraine energy ceasefire will boost supplies
· economictimes.indiatimes.com
On Monday, oil prices dipped as the prospect of increased Russian supplies emerged following a ceasefire announcement linked to a new diesel-supply deal between Ukraine and Russia. However, rising tensions in the Middle East kept Brent crude trading above $100 a barrel. Compounding this, recent violent incidents involving tankers and ongoing regional conflicts have severely disrupted global oil markets.
Synopsis
On Monday, oil prices dipped as the prospect of increased Russian supplies emerged following a ceasefire announcement linked to a new diesel-supply de...