Oil Maintains Gains Ahead of Trump-Putin Summit

Oil maintains gains ahead of Trump-Putin summit

(Reuters) -Oil prices nudged higher on Friday to fresh one-week highs after U.S. President Donald Trump warned of “consequences” if Russia blocked a Ukraine peace deal, injecting concerns about supply. Sentiment was also boosted by strong economic data out of Japan, which is among the largest global crude importers. Brent crude futures gained 16 cents, or 0.2%, to $67.00 a barrel by (0017 GMT). U.S. West Texas Intermediate crude futures were up …

Oil Updates — prices stable ahead of Trump-Putin meeting in Alaska

LONDON: Oil prices were stable on Thursday as investors weighed the potential impact of the upcoming US-Russia summit on Ukraine on Russian crude flows, after US President Donald Trump warned of “severe consequences” for Moscow if it does not agree to peace. Brent crude futures were up 49 cents, or 0.75 percent, at $66.12 a barrel by 3:03 p.m. Saudi time, while US West Texas

Oil Steadies Near Two-Month Low as Trump-Putin Meeting Looms

Oil steadied near a two-month low as traders look ahead to the meeting between Donald Trump and Vladimir Putin, following a slew of bearish market outlooks.

Oil Regains Ground From 2-Month Lows Ahead of Trump-Putin Meeting

Oil prices climb 2% to one-week high as Fed rate cut, Trump-Putin talks loom

Oil prices climbed about 2 per cent to a one-week high on Thursday after US President Donald Trump warned of “severe consequences” if his talks with Russian President Vladimir Putin on Ukraine fail and on expectations that a US interest rate cut next month could spur oil demand.

Oil Prices Climb 2% to 1-Week High as Fed Rate Cut, Trump-Putin Talks Loom

Oil prices climbed about 2% to a one-week high on Thursday after U.S. President Donald Trump warned of “severe consequences” if his talks with Russian President Vladimir Putin on Ukraine fail, and on optimism that a likely U.S. interest rate cut next month could spur oil demand. Central banks, like the U.S. Federal Reserve, use interest rates to control inflation. Lower rates reduce consumer borrowing costs and can boost economic growth and dema…