Trump-Putin 'Highly Productive' Call Sparks Oil Sell-Off As Investors Eye Geopolitical De-Escalation - Lockheed Martin (NYSE:LMT), General Dynamics (NYSE:GD)

Benzinga

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Trump-Putin 'Highly Productive' Call Sparks Oil Sell-Off As Investors Eye Geopolitical De-Escalation - Lockheed Martin (NYSE:LMT), General Dynamics (NYSE:GD)

El Pais

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Oil price drops after Trump-Putin call to negotiate peace in Ukraine

The price of oil has accelerated the falls after U.S. President Donald Trump has reported a conversation with his Russian counterpart, Vladimir Putin, to start the peace negotiations in Ukraine. This news has generated expectations in the market of a possible reduction in the risks for the supply of crude oil in the region. Thus, Brent, of reference in Europe, has fallen this Wednesday by 2.36% to 75.18 dollars a barrel. West Texas of reference …

fxopen.com

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Brent Crude Price Drops After Trump’s Call with Putin

According to the XBR/USD chart, the price of Brent crude oil fell by more than 2% in a single day. This decline followed an announcement by US President Trump that he had spoken with Russian President Putin, discussing various global issues, including the war in Ukraine.As reported by Reuters, this has raised expectations that a potential peace agreement between Ukraine and Russia could involve lifting sanctions, which have disrupted global oil …

bolsamania.com

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The price of oil falls strongly in the face of peace negotiations in Ukraine

In particular, Brent's barrel, of reference in Europe, has fallen by 2.45%, to reach 75.11 dollars per barrel, while the WTI has been left at 2.70% and has stood at 71.34 dollars. The price of crude oil has accelerated its fall after the contacts between Trump and Putin were known, although it was already quoted in red after a report of inflation worse than expected in the US and the forecasts of lower rate cuts, which Federal Reserve President …