Crude Oil Falls After Trump Says Russia and Ukraine Agree to Energy Ceasefire

Deep News10-12 09:03

Crude oil prices declined as traders weighed U.S. President Donald Trump's claim of an "energy ceasefire" between Russia and Ukraine, even as hostilities escalated in the Middle East.

Brent crude futures slipped below $104 a barrel, ending a two-day rally, while WTI crude fell back below $91 a barrel.

Trump posted on social media that the energy ceasefire took effect immediately. He made a similar claim last month, but Ukrainian President Volodymyr Zelensky said no final agreement had been reached.

Prices fell despite another attack on Saudi Arabia's main airport and a further strike on a tanker near the Strait of Hormuz. King Khalid International Airport in the Saudi capital was hit again by Houthi forces on Sunday, a day after an attack on the facility killed 12 people.

Ukrainian strikes on Russian refineries have severely disrupted refining operations and tightened global diesel supplies. Late last week, Trump said he was working with President Putin to bring Russian diesel to market. Prices for the global industrial fuel have surged amid the Russia-Ukraine conflict and the U.S.-Iran war.

The price spike has deepened discontent among American voters ahead of the November midterm elections. Trump has threatened to ban diesel exports and lift restrictions on the use of a tax-exempt diesel to lower prices.

Brent crude futures for December settlement fell 1.4% to $103.29 a barrel. WTI crude futures for November delivery dropped 1.5% to $90.49 a barrel.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/1191778387?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-10-12 09:03","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1191778387","market":"fut","top_or_hot":-1,"title":"Crude Oil Falls After Trump Says Russia and Ukraine Agree to Energy Ceasefire","media":"Deep News","content":"<p>Crude oil prices declined as traders weighed U.S. President Donald Trump's claim of an \"energy ceasefire\" between Russia and Ukraine, even as hostilities escalated in the Middle East.<br><br>Brent crude futures slipped below $104 a barrel, ending a two-day rally, while WTI crude fell back below $91 a barrel.<br><br>Trump posted on social media that the energy ceasefire took effect immediately. He made a similar claim last month, but Ukrainian President Volodymyr Zelensky said no final agreement had been reached.<br><br>Prices fell despite another attack on Saudi Arabia's main airport and a further strike on a tanker near the Strait of Hormuz. King Khalid International Airport in the Saudi capital was hit again by Houthi forces on Sunday, a day after an attack on the facility killed 12 people.<br><br>Ukrainian strikes on Russian refineries have severely disrupted refining operations and tightened global diesel supplies. Late last week, Trump said he was working with President Putin to bring Russian diesel to market. Prices for the global industrial fuel have surged amid the Russia-Ukraine conflict and the U.S.-Iran war.<br><br>The price spike has deepened discontent among American voters ahead of the November midterm elections. Trump has threatened to ban diesel exports and lift restrictions on the use of a tax-exempt diesel to lower prices.<br><br>Brent crude futures for December settlement fell 1.4% to $103.29 a barrel. WTI crude futures for November delivery dropped 1.5% to $90.49 a barrel.</p>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Crude Oil Falls After Trump Says Russia and Ukraine Agree to Energy Ceasefire</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCrude Oil Falls After Trump Says Russia and Ukraine Agree to Energy Ceasefire\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1039043262\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/8296859682db4b478146245e72de1922);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Deep News </p>\n<p class=\"h-time\">2026-10-12 09:03</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Crude oil prices declined as traders weighed U.S. President Donald Trump's claim of an \"energy ceasefire\" between Russia and Ukraine, even as hostilities escalated in the Middle East.<br><br>Brent crude futures slipped below $104 a barrel, ending a two-day rally, while WTI crude fell back below $91 a barrel.<br><br>Trump posted on social media that the energy ceasefire took effect immediately. He made a similar claim last month, but Ukrainian President Volodymyr Zelensky said no final agreement had been reached.<br><br>Prices fell despite another attack on Saudi Arabia's main airport and a further strike on a tanker near the Strait of Hormuz. King Khalid International Airport in the Saudi capital was hit again by Houthi forces on Sunday, a day after an attack on the facility killed 12 people.<br><br>Ukrainian strikes on Russian refineries have severely disrupted refining operations and tightened global diesel supplies. Late last week, Trump said he was working with President Putin to bring Russian diesel to market. Prices for the global industrial fuel have surged amid the Russia-Ukraine conflict and the U.S.-Iran war.<br><br>The price spike has deepened discontent among American voters ahead of the November midterm elections. Trump has threatened to ban diesel exports and lift restrictions on the use of a tax-exempt diesel to lower prices.<br><br>Brent crude futures for December settlement fell 1.4% to $103.29 a barrel. WTI crude futures for November delivery dropped 1.5% to $90.49 a barrel.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"UUP","symbol_name":"美元ETF-PowerShares DB","start_time":0,"source_url":"","article_id":"1191778387","we_media_id":"1039043262","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1191778387","pubTimestamp":1791766997,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Deep News","introduction":"Global Stock Market Deep Analysis","home_visible":1,"id":"1039043262","head_image":"https://community-static.tradeup.com/news/8296859682db4b478146245e72de1922"},"summary":"Crude oil prices declined as traders weighed U.S. President Donald Trump's claim of an \"energy ceasefire\" between Russia and Ukraine, even as hostilities escalated in the Middle East.Brent crude...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"UUP":"美元ETF-PowerShares DB","GSG":"iShares S&P GSCI Commodity-Indexed Trust","FENY":"Fidelity MSCI Energy Index ETF","DUG":"二倍做空石油与天然气ETF(ProShares)","UDN":"做空美元指数-PowerShares"},"translate_title":"特朗普称俄罗斯和乌克兰同意能源停火后原油价格下跌","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"UUP":1,"UDN":1,"DUG":1,"GSG":1,"FENY":1},"content_text":"Crude oil prices declined as traders weighed U.S. President Donald Trump's claim of an \"energy ceasefire\" between Russia and Ukraine, even as hostilities escalated in the Middle East.Brent crude futures slipped below $104 a barrel, ending a two-day rally, while WTI crude fell back below $91 a barrel.Trump posted on social media that the energy ceasefire took effect immediately. He made a similar claim last month, but Ukrainian President Volodymyr Zelensky said no final agreement had been reached.Prices fell despite another attack on Saudi Arabia's main airport and a further strike on a tanker near the Strait of Hormuz. King Khalid International Airport in the Saudi capital was hit again by Houthi forces on Sunday, a day after an attack on the facility killed 12 people.Ukrainian strikes on Russian refineries have severely disrupted refining operations and tightened global diesel supplies. Late last week, Trump said he was working with President Putin to bring Russian diesel to market. Prices for the global industrial fuel have surged amid the Russia-Ukraine conflict and the U.S.-Iran war.The price spike has deepened discontent among American voters ahead of the November midterm elections. Trump has threatened to ban diesel exports and lift restrictions on the use of a tax-exempt diesel to lower prices.Brent crude futures for December settlement fell 1.4% to $103.29 a barrel. WTI crude futures for November delivery dropped 1.5% to $90.49 a barrel.","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":true,"editions":null,"column":"","sentiment":"-1","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"isLaohu8Offline":false,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.50.1","shortVersion":"4.50.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1191778387","isCrawlerRequest":true}