Oil prices rise as talks fail to achieve Ukraine peace deal
December 3, 2025
(Investing) – Oil prices rose Wednesday, bouncing after the previous session’s losses, as high-level U.S.-Russia talks failed to reach a breakthrough in ending the war in Ukraine. At 08:05 ET (13:05 GMT), Brent Oil Futures expiring in February rose 1.1% to $63.15 per barrel and West Texas Intermediate (WTI) crude futures gained 1.3% to $59.38 per barrel. Both contracts slipped more than 1% on Tuesday.
