Oil Prices Sink After Zelenskyy Agrees to Work on Peace Deal ...Middle East

Oil prices extended a multi-session slide in early Asian trading on Friday, weighed down by news of Zelenskyy agreeing to work with Washington on a peace plan, a development that could ultimately add fresh barrels into an already fragile market. At the time of writing, West Texas Intermediate for December delivery had slipped by 1.03% to $58.39 per barrel, while Brent crude for January delivery had fallen 0.99% to $62.75. A continued pullback would mark the third consecutive daily decline for WTI, putting the U.S. benchmark on track for a weekly…

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