Oil prices slide on potential Ukraine peace talks, hot U.S. inflation
February 13, 2025
(Investing) – Oil prices fell Thursday as U.S. President Donald Trump talked up a potential peace treaty between Russia and Ukraine, which could potentially free up Russian oil supply curbed by U.S. sanctions. At 09:00 ET (14:00 GMT), Brent oil futures expiring in April fell 1.3% to $74.22 a barrel, while West Texas Intermediate crude futures fell 1.3% to $70.44 a barrel. Ukraine peace talks
