💨 Abstract

Oil prices fell on Monday due to expectations of U.S. President-elect Donald Trump relaxing curbs on Russia's energy sector in exchange for ending the Ukraine war, offsetting concerns about supply disruption from harsher sanctions. Both Brent and West Texas Intermediate crude contracts saw a decline. The fall is attributed to Trump's upcoming policy announcements and a U.S. holiday, causing some market participants to reduce risk.

Courtesy: theprint.in

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