Oil Defies Ukraine Peace Hopes, Rises 2% as Iran Declares 'Full-Scale War' ...Middle East

Economy by : (OILPRICE) -
Oil prices rose by 2% early on Monday in thinner-than-usual trading after the U.S. and Ukrainian presidents said progress had been made on a peace agreement, but issues still remain to be discussed.   As of 7:43 a.m. ET on Monday, the U.S. benchmark crude price, WTI Crude, was up by 2.43% on the day and traded at $58.12.  The international benchmark, Brent Crude, moved to $62 per barrel, up by 2.24% from Friday’s close.  U.S. President Donald Trump and his Ukrainian counterpart Volodymyr Zelenskyy met on Sunday at Mar-a-Lago…

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