💨 Abstract

Oil prices eased about 1% on Tuesday following discussions between US and Russian leaders on ending the Ukraine war, which could ease sanctions on Russian fuel exports. Prices had earlier hit a two-week high due to concerns over Middle East instability and hopes for economic stimulus in China and Germany. Brent fell 0.7% to $70.55, while WTI dropped 1.0% to $66.92.

Courtesy: theprint.in

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