Brent Crude Dips Below $104 As Russia-Ukraine Energy Ceasefire Hopes Rise
Global crude oil prices declined on Monday as expectations of increased Russian energy supplies and a possible ceasefire covering energy infrastructure between Russia and Ukraine eased concerns over supply disruptions. Brent crude slipped below $104 a barrel and was last trading 1.27% lower at $103.40. However, continuing geopolitical tensions in the Middle East and fresh attacks on vessels near…
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