Oil stabilises after Ukraine peace talks push prices to one-month lows

Core Viewpoint - Oil prices experienced a slight recovery on Wednesday after reaching one-month lows in the previous session, influenced by indications that Ukraine is approaching a peace agreement with Russia, which could potentially lead to the end of ongoing conflicts [1] Group 1 - Oil prices dipped to one-month lows prior to the recovery [1] - The recovery in oil prices is linked to geopolitical developments regarding Ukraine and Russia [1] - The potential peace deal between Ukraine and Russia is seen as a significant factor affecting oil market dynamics [1]