Oil Prices Swing With Focus On Trump’s Russia Plans and OPEC+ Meeting

Brent traded below $65 a barrel after a quiet session on Monday due to holidays in London and New York.

Bloomberg News

Published On

27 May 2025, 06:30 AM IST

Last Updated On

27 May 2025, 07:35 PM IST

Oil has trended lower since mid-January on concerns around the fallout from trade tensions, with a push by OPEC+ to restore idled supply adding to headwinds. (Photo source: Bloomberg)

Oil fluctuated as the market awaited an OPEC+ meeting on supply policy, while a CNN report said the US may impose new sanctions on Russia.

Also Read: US Stock Market Today: S&P 500, Dow Jones, Nasdaq Jump 1% As EU Trade Deal Cheers Wall Street

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