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Oil rises as investors weigh outcome of Trump–Zelenskiy meeting...
29 Dec, 2025 08:57 111 min read
Oil prices rose on Monday as investors balanced the potential for a Ukraine peace deal with ongoing geopolitical tensions in the Middle East and concerns over supply disruptions. Brent crude increased by 1.04% to $61.27 per barrel, while U.S. West Texas Intermediate (WTI) gained 1.02% to $57.32. This followed a decline on Friday due to oversupply concerns and anticipation of weekend talks between U.S. President Donald Trump and Ukrainian President Volodymyr Zelenskiy. While Trump indicated progress toward an agreement, analysts noted that territorial issues remain unresolved and that tensions in the Middle East and attacks on energy infrastructure continue to support prices.... More