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Oil prices barely change in Asia as Russia supply concerns ease
Business World Philippines
|August 19, 2025
Oil prices were largely unchanged on Monday after a drop in early trade, as the United States exerted no further pressure on Russia to end the Ukraine war through measures to disrupt its oil exports following a meeting of the leaders of both nations.
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Brent crude futures dropped six cents, or 0.09%, to $65.79 a barrel by 0342 GMT while US West Texas Intermediate (WTI) crude was at $62.82 a barrel, up two cents, or 0.03%.
US President Donald J. Trump met Russian President Vladimir Putin in Alaska on Friday and emerged more aligned with Moscow on seeking a peace deal instead of a ceasefire first.
Mr. Trump will meet Ukrainian President Volodymyr Zelensky and European leaders on Monday to strike a quick peace deal to end Europe's deadliest war in 80 years.
Cette histoire est tirée de l'édition August 19, 2025 de Business World Philippines.
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