Oil Prices Slide on Optimism over Potential End to Russia-Ukraine War (USO:NYSEARCA)

Oil prices slide on optimism over potential end to Russia-Ukraine war (USO:NYSEARCA)

Crude oil futures fell as US efforts to bring Russia and Ukraine toward a peace deal are seen lowering the likelihood of additional sanctions on Russia or related secondary tariffs.

Crude oil futures fall amid positive signals from US-Ukraine talks

Crude oil futures drop as US-Ukraine talks may impact Russian oil supply, impacting Brent and WTI prices.

Oil prices dip on peace talks, Nigeria’s 2025 budget under pressure

Global oil prices fell on Tuesday, August 19, 2025, amid renewed diplomatic moves by the United States to broker peace between Russia and Ukraine, raising the possibility of easing sanctions on Russian crude and swelling global supply. According to data from oilprice.com, Brent crude slid by 1.01 percent, or 67 cents, to trade at $65.93 per barrel, while the West Texas Intermediate (WTI) dropped by 1.23 percent, or 78 cents, to $62.64 per barrel…

Brent Oil Prices Fall on Ceasefire Hopes

Brent oil futures are edging lower as hopes rise for a potential ceasefire in the Russia-Ukraine conflict, according to Commonwealth Bank analyst Vivek Dhar. At midday, Brent prices were around $US65.87 a barrel, marking the lowest price since late May. The dip follows signals that discussions between global leaders could ease tensions in the region. Dhar highlighted recent diplomatic activity, including meetings between US President Trump and R…

Oil prices fall on talks to end Russian invasion of Ukraine

Oil prices fell on Tuesday (Aug 19) as traders bet that talks over a possible agreement to legitimise or end Russia’s invasion of Ukraine could ease sanctions on Russian crude oil, boosting global supply.