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Oil Trades Sideways With Market Focused on Russia-Ukraine
Barrons· 2025-11-26 14:44
LIVE Stock Market Today: Dow Pops After Latest Economic Data Last Updated: 50 min ago Oil Trades Sideways With Market Focused on Russia-Ukraine By Connor Smith Oil futures are treading water with the market focused on developments around the U.S. peace plan for Russia- Ukraine, which if successful could take away a lot of risk premium that has been holding up prices in the face of oversupply concerns. "Crude oil remains trendless as the bear grip intensifies," Peter Cardillo of Spartan Capital says in a not ...
Oil Futures Edge Up in Early U.S. Trade
Barrons· 2025-11-24 14:22
Group 1 - Oil futures are experiencing a slight increase in early U.S. trading after a previous decline linked to U.S. efforts to facilitate peace talks between Russia and Ukraine [1] - The downturn in U.S. diesel and European gasoil futures is attributed to expectations that the U.S. may eventually lift sanctions on Russia, which has weakened recent support for crude oil prices [1] - Concerns regarding oversupply in the oil market continue to persist, impacting market dynamics [1] Group 2 - As the month concludes, the crude markets are expected to remain pivotal, with diesel leading both upward and downward movements in prices, according to market analysts [2]