Oil Prices on Edge as Russia-Ukraine Peace Talks Progress

Market Intelligence Analysis

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Why This Matters

Oil prices remain volatile as Russia-Ukraine peace talks progress, with a strengthening US dollar adding downward pressure. Prices have lost 3% in the last week, settling at levels not seen since October 21. Market sentiment is cautious as traders weigh the potential impact of a peace deal on oil demand.

Market Impact

Market impact analysis based on neutral sentiment with 79% confidence.

Sentiment
Neutral
AI Confidence
79%

Article Context

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Oil markets remained on edge early on Monday in early Asian trade, with all eyes on reports of potential progress in the Russia-Ukraine peace talks. At the same time, a strengthening U.S. dollar is adding downward pressure to prices, with both major benchmarks having lost roughly 3% last week. At the time of writing, West Texas Intermediate was trading flat at $58.05 while Brent continued to hover around $62.58. Last week's decline saw oil prices settle at their levels since October 21, as markets weighed the possibility that a peace deal could…

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Original article published by OilPrice.com on November 24, 2025.
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