Oil Prices Steady Amid Ukraine Conflict, Diplomatic Talks
Update: 2025-12-03
Description
Oil prices remain steady amid Ukraine conflict, as traders weigh diplomatic talks and continued attacks on Russian energy facilities. Brent crude trades near $62 a barrel, while WTI hovers just under $59. Despite useful talks between US and Russian envoys, no concrete plan to end the war has been agreed upon. President Putin warns of potential attacks on vessels from supporting countries, while market focus shifts to oil inventory buildup.
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