A cease-fire between Russia and Ukraine has greatly increased
A cease-fire between Russia and Ukraine has greatly increased: Analysts at Sevens Report Research Quoted in Morningstar
Oil prices resume slide, ending lower as tariff fears spark stock-market tumble
Meanwhile, the prospect of Trump administration efforts leading to a cease-fire between Russia and Ukraine has “greatly increased,” and should the war come to an end sooner than expected, it’s likely sanctions on Russia’s energy industry could be lifted, adding a sizeable amount of crude to the global market, analysts at Sevens Report Research wrote in a Monday note.
“Combining those influences, it is becoming increasingly likely that a physical markets surplus emerges in the months ahead, which could send WTI futures prices down towards $50/barrel later in 2025,” they wrote.
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