Oil Prices Drop as Traders Await Trump-Putin Summit

Oil prices fell by more than 1% early on Friday as the market awaits the outcome of the summit between U.S. President Donald Trump and his Russian counterpart Vladimir Putin, who will discuss a potential ceasefire in Ukraine.  As of 9:37 a.m. EST on Friday, the U.S. benchmark oil price, WTI Crude, was down by 1.38% at $63.10, as President Trump departed for Anchorage, Alaska, to meet with Putin.  The international benchmark, Brent Crude, traded 1.18% lower at $66.07 per barrel.    The face-to-face meeting between President…Weiter zum vollständigen Artikel bei OilPrice.com Weiter zum vollständigen Artikel bei OilPrice.com