Oil prices rise to the biggest drop in two months after the Trump and Putin conversation conversation
Oil prices stabilized after scoring the biggest decline in more than two months, after a conversation in which President Donald Trump and his Russian counterpart, Vladimir Putin, agreed to hold talks to end the war in Ukraine, which speculated that the Russian supplies were threatening. West -texas -Inintermediate rough price has stabilized near $ 71 a barrel after losing 2.7% on Wednesday, the biggest decline since the end of November. Brent -Ru oil is closed near $ 75. Trump said the negotiations will start immediately, pointing out that Putin is likely to meet in Saudi Arabia in the ‘near future’, according to a social media position. Also read: “Bloomberg”: The production of Russian oil drops without the “OPEC+” goal that imposed US sanctions on Russian oil sector disorders in Russian rough flow, which helped support the rise in world prices earlier this year. However, the market was severely influenced by the volatile trade policy of President Donald Trump, who has affected morale and prices over the past three weeks. In his monthly report, Opec on Wednesday warned that Trump’s commercial policy could lead to increased fluctuations in global markets, and that it could also create imbalances between supply and demand that did not reflect the actual basis of the market. The report also showed that several member states became more committed to cutting production. The international energy agency is scheduled to issue its report on the market later Thursday, including expectations of supply and demand.