Oil prices remained stable as market participants await the outcome of the Trump-Zelenskyy meeting, which could determine the direction of the Russia-Ukraine conflict. If a peace agreement is reached, a potential increase in supply could further depress oil prices.
However, statements from the White House regarding India's imports of Russian oil have raised fresh concerns about global supply. The market remains cautious, with prices vulnerable to geopolitical developments and the direction of global energy policy.
Oil prices at the time of writing were at $65.87/Toz.
DISCLAIMER
Note: This article is analytical only and is not a definitive reference. Consider fundamental and technical developments in trading before making investment decisions.
Source: Newsmaker.id-(ayu)
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