Oil prices have been in the midst of anticipation of the Trump and Putin summit

Oil prices stabilized on Friday with investors focusing on the upcoming summit between the US and Russian presidents, as Donald Trump indicated a wonderful opportunity for the success of the meeting, which could open the door for talks with Ukraine. Brent -ruol circulated near $ 67 a barrel after 1.8% jumped in the previous session, which compensated the previous losses during the week, while the RU -West -Texas settled about $ 64 in poor trade. Vladimir Putin strengthened the messages of kindness before the meeting and praised Trump’s efforts to mediate to end the war. In an interview with ‘Fox News Radio’, Trump said that the positive result of the summit would be a second meeting between Putin and Ukrainian President Folodimir Zellinski, noteing that there was a 25% possibility for the lack of success. Expectations to achieve limited weekly profits are the oil on the way to achieve modest weekly profits, amid a minor optimism among customers before the summit. During the week, Trump once tried to reduce the ceiling of expectation about the meeting, before being followed by a warning against the imposing of ‘very serious consequences’ if Putin did not agree to a ceasefire. “The direct shooting is unlikely, but there may be results to improve US Russian collaboration and a later negotiation framework, which will be negative for oil prices,” said Zhou Mai, an analyst at the Caus Turnari Futures Research Institute. Printing factors on the market, any indicators on lowering US sanctions on Russian energy, could drop oil prices further, especially after losing about 10% this year due to the fear of the impact of Trump’s commercial policy and the rapid return of OPEC+supplies. Expectations receive standard vaccination in 2026 shades on the market moral. Some market indicators indicate a relative weakness, as the immediate difference of ‘Brent’ RU decades (the difference between the two nearest decades) compared to the past month, but is still in a structure, reflects upward expectations. Meanwhile, Ukrainian aircraft launched an attack on a Major Luke Oil -Raffiner in Volgrad on Thursday, as Kiev strengthened its strikes on the Russian energy infrastructure this month.