Oil resumes slide after wild week with focus on Ukraine talks

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Oil declined following a volatile week of trading after Ukraine’s president said talks with Moscow show signs of becoming more substantive, prompting cautious optimism about steps toward de-escalation.

The war in Ukraine has roiled commodity markets from crude to grains, leading to buyers shunning Russian oil as they navigate sanctions, though some are considering workaroundsThe price of oil declined following a volatile week of trading after Ukraine’s president said talks with Moscow show signs of becoming more substantive, prompting cautious optimism about steps towards de-escalation.

Senior US and Chinese officials will meet on Monday as the US seeks to enlist China to help end the invasion.

 

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Oil resumes slide with focus on Ukraine talksOil declined following a volatile week of trading after Ukraine’s president said talks with Moscow show signs of becoming more substantive, prompting some cautious optimism about steps toward deescalation.
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Oil resumes slide with focus on Ukraine talksOil declined following a volatile week of trading after Ukraine’s president said talks with Moscow show signs of becoming more substantive, prompting some cautious optimism about steps toward deescalation.
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