Oil steady as supply concerns cap gains, market eyes Ukraine peace talks

Core Viewpoint - Oil prices remained stable on Wednesday following a decline of approximately 1% in the previous session, driven by concerns that supply may outpace demand, while investors are monitoring the progress of Russia-Ukraine peace talks [1] Group 1 - Oil prices experienced a decline of about 1% in the previous session [1] - Concerns regarding supply exceeding demand are limiting price gains [1] - Investors are closely watching developments in Russia-Ukraine peace negotiations [1]