Oil steadies, Ukraine peace talks and US rate decision in spotlight
Oil prices steadied on Tuesday after slipping 2% in the previous session, as market participants kept a close eye on peace talks to end Russia’s war in Ukraine and a looming decision on U.S. interest rates.
Brent crude futures were down 2 cents, or 0.03%, to $62.47 a barrel at 0101 GMT. U.S. West Texas Intermediate crude was at $58.84, down 4 cents, or 0.07%.
