Oil Futures Pull Back After U.S. Waives Some Russia Sanctions
Oil futures fell Monday after President Trump waived newly imposed sanctions on Russia. Brent crude for December delivery settled down 0.3% at $109.55 a barrel.
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07:38:28 PM UTC
SquawkNews
Crude futures settle lower after President Trump waived some new sanctions against Russia, with downside limited by continuing conflict in the Middle East keeping supply risks high. Much of the selling looked technical as Friday's late-session advance "looked mismatched against fresh headlines," Ri…
Oil futures declined Monday, retreating from Friday’s gains after President Trump waived recently imposed sanctions on Russia. Ongoing supply risks in the Middle East helped support prices. December Brent crude settled 0.3% lower at $109.55 a barrel.