Oil Falls; Potential Ukraine-Russia Peace Deal in Focus

Core Viewpoint - Traders are considering the potential for a Ukraine-Russia peace deal, which could reduce political risk in an already well-supplied market [1] Group 1 - The prospect of a peace deal between Ukraine and Russia is influencing trader sentiment [1] - A resolution to the conflict may lead to a decrease in political risk [1] - The market is currently characterized by ample supply [1]