Oil bounced between gains and losses as traders weighed the prospect of a Ukraine-Russia peace deal that could deflate political risk from an already well-supplied market. West Texas Intermediate was trading near $58, little changed following its biggest weekly loss since early October. Ukraine and its European allies signaled that key sticking points remained in US-brokered peace talks to end Russia’s invasion, even as senior officials hailed progress in winning more favorable terms for Kyiv. Most Read ...