International

Oil prices fall on hopes of Russian supply boost

Minute mirror
By Noor Zainab
52 minutes ago 1 views
Oil prices fall on hopes of Russian supply boost
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Summary

  • Global oil prices declined on Monday after US President Donald Trump said Russia and Ukraine had agreed to halt attacks on each other’s energy infrastructure, raising expectations of increased Russian oil supplies to international markets.
  • Market sentiment improved amid expectations that a reduction in attacks on Russian energy facilities could help maintain or increase the flow of Russian crude to international buyers.
  • While expectations of improved Russian supplies have put downward pressure on the market, sustained geopolitical tensions could keep crude prices elevated in the coming sessions.

AI Generated Summary

Global oil prices declined on Monday after US President Donald Trump said Russia and Ukraine had agreed to halt attacks on each other’s energy infrastructure, raising expectations of increased Russian oil supplies to international markets.

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Originally published by Minute mirror on Oct 12, 2026 Read the full article at minutemirror.com.pk
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