Oil moves lower on Ukraine talks, weak China data

Core Viewpoint - Oil prices experienced a decline in early trading on Tuesday, continuing the losses from the previous session, as the likelihood of a Russia-Ukraine peace deal appeared to improve, which raised expectations for a potential easing of supply constraints [1] Group 1 - Oil prices fell in early trading, adding to previous session losses [1] - Strengthening prospects for a Russia-Ukraine peace deal contributed to the decline in oil prices [1] - Expectations of a potential easing of supply constraints were raised due to the peace deal prospects [1]