Oil prices are mixed in early Asian trade amid possible position adjustments. U.S. President Trump's remark that he preferred low oil prices over sanctions on Russia has eased worries over supply disruptions, ANZ Research analysts say in a research report.
Trump told reporters that "if we get oil down, the war ends," a sign that he wants to limit the revenue which Russia is receiving from the oil industry to support its war with Ukraine, the analysts add.
Front-month WTI crude oil futures are 0.1% lower at $63.51/bbl; front-month Brent crude oil futures are little changed at $67.41/bbl.
Source: Dow Jones Newswires
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