Brent crude oil prices rose to around $65.8 per barrel on Thursday, halting a two-day decline that was fueled by expectations ahead of talks between U.S. President Donald Trump and Russian President Vladimir Putin.
Trump warned late Wednesday that Russia would face "very severe sanctions" if Putin refused to end the war in Ukraine. While he did not specify the steps he would take, he had previously threatened economic sanctions, including on Russian oil, if Friday's meeting in Alaska ended in failure. However, the gains were limited, with prices remaining near a more than two-month low amid concerns about oversupply after the IEA issued a bearish forecast.
Source: Newsmaker.id
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