Oil prices steady after last week’s 3% drop; all eyes on US Fed date action, Russia-Ukraine deal
Oil prices took a breather on Monday after last week’s fall of about 3%, as investors weighed the chances for a US rate cut against the prospect of a Russia–Ukraine deal that could free up more Russian supply through an easing of sanctions.
US-Ukraine resume work for peace deal
The United States and Ukraine were set to resume work on a revised plan for the peace deal ahead of a Thursday deadline set by US President Donald Trump, after having agreed to adjust an earlier version that critics said was too favourable to Moscow.
