Oil prices experienced minimal fluctuations on Friday, poised to end a two-week losing streak as hopes for a swift resolution between Russia and Ukraine diminished. The ongoing conflict, marked by recent attacks and stalled peace talks, has increased risk premiums. Prices were further bolstered by a significant drawdown in U.S. crude stockpiles, signaling robust demand.
Originally published by The Economic Times https://economictimes.indiatimes.com/markets