Sunday, May 4, 2025
Oil set to close week stable as investors mull path to Ukraine ceasefire- oil and gas 360

Oil set to close week stable as investors mull path to Ukraine ceasefire

(Investing) – LONDON -Oil prices were stable on Friday after a more than 1% loss in the previous session, as investors weighed the diminishing prospects of a quick end to the Ukraine war that could bring back more Russian energy supplies to Western markets. Brent crude futures were up 26 cents, or 0.37%, to $70.14 a barrel at 1322 GMT, after settling