US EditionOil Edges Down Amid Ongoing Ukraine Talks, Ahead of Expected US Interest Rate Cut
Oil prices approach recent highs as traders weigh an 80% chance of a U.S. Federal Reserve rate cut against surplus concerns and geopolitical tensions in Russia and Ukraine.
- On Dec 8, Brent futures and U.S. West Texas Intermediate crude hovered near two-week highs in London as markets priced a likely quarter-point U.S. Federal Reserve cut this week with odds above 80 percent.
- Resilient U.S. stock levels and rising gasoline inventories help explain caution, as U.S. crude stocks remain about 3 percent below their five-year average, and China imported a 27-month high of 12.38 million barrels per day in November.
- ETF flows and futures volumes show tentative positioning, with USO assets up about 7 percent over the past month, BNO net inflows around 1.4 million dollars, and New York futures volumes above 560,000 contracts.
- Markets are waiting for clarity from rate-setters and peace talks as Ukraine peace talks face uncertainty, analysts say an accord could boost Russian oil exports and G7 and European Union consider a maritime services ban.
- Absent policy reversals, oil is likely to remain in a choppy, politics-driven range as governments maintain sanctions and quotas, while central banks and producers support a gradual demand rebuild amid tactical range trading.
12 Articles
12 Articles
Oil prices rose again today, near their highest level in more than two weeks, primarily due to geopolitical uncertainties and expectations of interest rate cuts in the United States.
Channel News Asia
Oil edges down amid ongoing Ukraine talks, ahead of expected US interest rate cut
LONDON, Dec 8 : Oil prices declined on Monday as investors monitored ongoing talks to end the war in Ukraine ahead of an expected U.S. Federal Reserve interest rate cut this week.Brent crude futures fell by 57 cents, or 0.9 per cent, to $63.18 a barrel by 1053 GMT, while U.S. West Texas Intermediate crude was
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Brent Near $64 as Fed Rate Cut Bets and Asian Demand Support Crude
On Monday, December 8, 2025, oil prices are holding close to two‑week highs, with Brent crude trading just under $64 per barrel and U.S. West Texas Intermediate (WTI) hovering around $60 per barrel in early trade. [1] The market is being pulled in two directions: Supportive near‑term drivers – expectations of a U.S. Federal Reserve rate cut this week and strong oil demand data from India and China. [2] Bearish medium‑term outlooks – major agenc…
Oil Prices Edge Higher As Markets Anticipate Fed Rate Cut And Track Geopolitical Risks
Oil prices inched higher on Monday to close near a two-week high as investors positioned for a potential U.S. Federal Reserve interest rate cut this week and assessed geopolitical developments affecting global supply. Brent crude oil, against which Nigerian crude oil is priced, rose 14 cents to $63.89 per barrel, while U.S. West Texas Intermediate […] The post Oil Prices Edge Higher as Markets Anticipate Fed Rate Cut and Track Geopolitical Risks…
Oil Prices Hover Near Two-Week Highs as Fed Rate Cut Bets Collide With Ukraine War Uncertainty
December 8, 2025 Oil prices are holding close to two-week highs on Monday as traders balance growing confidence in a U.S. Federal Reserve interest rate cut with stubborn geopolitical risks around the Ukraine war and Russian supply. Brent crude is trading just under $64 a barrel and U.S. West Texas Intermediate (WTI) around $60, extending gains from late last week but still locked in a relatively narrow trading range. Reuters+2Trading Economics+2…
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