Oil Slips on Easing Geopolitical Tensions -- Market Talk

Dow Jones11-21

0205 GMT - Oil falls in early Asian trading. Easing geopolitical tensions between Russia and Ukraine are weighing on prices, and any peace deal could have broader implications for the crude market, ANZ Research writes in a note. The market is also doubting the effectiveness of the latest U.S. restrictions on Russian oil companies Rosneft and Lukoil, with oil from Lukoil's share of a field in Iraq continuing to flow to global markets despite the threat of sanctions that take effect Friday, it adds. Front-month WTI crude oil futures are down 1.05% at $58.38/bbl; front-month Brent crude oil futures are 1.0% lower at $62.75/bbl. (kimberley.kao@wsj.com)

 

(END) Dow Jones Newswires

November 20, 2025 21:05 ET (02:05 GMT)

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