Oil Rises as Traders Weigh Geopolitical Developments Amid U.S.-Ukraine Talks

Group 1 - Oil prices are rising in early trading after a previous session decline of 2%, with Brent crude and WTI both increasing by 0.5% to $63.83 and $59.56 per barrel respectively [1][2] - Investors are weighing risks to Russian supplies amid mixed U.S. inventory reports, which could impact future oil prices [1] - President Donald Trump has sent a Pentagon delegation to Kyiv to revive negotiations aimed at ending the war in Ukraine, which may ease supply disruption concerns and potentially lead to the lifting of sanctions on Russian crude [2]