Russia-Ukraine Peace Efforts Keep Crude in the Red -- Market Talk

Dow Jones11-24

1002 ET - Oil futures are lower with the market focusing on U.S. efforts to bring about peace talks between Russia and Ukraine. "If a peace deal is reached it is assumed most sanctions on Russia would be lifted," Dennis Kissler of BOK Financial says in a note. Meanwhile, Russian crude exports have been lowered with some buyers turning away, and China is reported buying more Middle East crude, he adds. But crude prices "normally work lower into mid-December." WTI is off 0.3% at $57.91 a barrel and Brent is down 0.3% at $62.37.(anthony.harrup@wsj.com)

(END) Dow Jones Newswires

November 24, 2025 10:02 ET (15:02 GMT)

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