Oil Falls After Trump Says Russia Deal Will Supply Diesel
Brent falls 0.6% to $104.90 a barrel and WTI drops 0.8% to $91.10 after Trump said his administration reached an agreement for Russia to supply diesel to U.S. and global markets.
Story updates
07:27:39 AM UTC
SquawkNews
0727 GMT - Yields on U.K. government bonds, or gilts, drop as oil prices edge lower after President Trump announced a deal with Russia to supply diesel. Nonetheless, gilt yields remain close to the multi-decade highs reached last week as inflation concerns and fiscal jitters weigh on investor senti…
07:45:59 AM UTC
SquawkNews
By Farhan RafidOil prices fell Monday as traders weighed prospects for increased Russian diesel supplies and a potential Russia-Ukraine energy ceasefire against persistent Middle East supply risks.December Brent crude futures fell 0.2% to $104.53 a barrel, while December West Texas Intermediate fut…
S. and global markets. 10 a barrel. A more meaningful decline in refined…