Oil Falls on Hopes for Russian Diesel Supply
Oil declined in early Asian trade after President Trump said his administration reached an agreement for Russia to supply hundreds of thousands of tons of diesel fuel.
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Oil declined in early Asian trade after President Trump said his administration reached an agreement for Russia to supply hundreds of thousands of tons of diesel fuel.
US heating oil prices slipped below $4.50 per gallon on Friday, extending losses for the second session, as efforts to relieve a global fuel shortage raised hopes of improved availability. European Union members are discussing a proposal to release emergency oil and diesel reserves, following pressure from Washington t
* Oil has continued to trend lower during Wednesday's APAC session as talks continue on the sidelines of this week's UN gathering. The fact negotiations are even taking place to facilitate Middle East energy shipments is driving optimism in markets but the situation remains very precarious. UST futures are higher, but
EXECUTIVE SUMMARY * TRUMP HAILS 'VERY GOOD' IRAN TALKS FOLLOWING ANNIHILATION THREAT - BBG: #cdbad0a1-5c8d-4cdb-9819-370162b99299 * ZELENSKY ASKS TRUMP FOR WINTER ARMS PACKAGE, EXPECTS ENERGY-CEASEFIRE PUSH - WSJ: #a4c79a68-e487-466b-a806-4885fa3200e0 * LASTING SHOCKS, FIRMING DEMAND REQUIRE FED ACTION - BARKIN - MNI