Thursday, June 18, 2026
Oil extends decline as US presses for Russia-Ukraine peace deal- oil and gas 360

Oil extends decline as US presses for Russia-Ukraine peace deal

Investing – LONDON -Oil prices fell on Friday, extending declines for a third session as the United States pushed for a Russia-Ukraine peace deal that could swell global supply while uncertainty over interest rates curbed investors’ risk appetite. Brent crude futures dropped by $1, or around 1.6%, to $39 a barrel by 1417 GMT. U.S. West Texas Intermediate crude (CLc1) was down