Oil futures pull back to start the week as traders look for signs of progress in talks between Russia and Ukraine and focus on a surge in COVID-19 cases in...
Oil futures pulled back to start the week as traders looked for signs of progress in talks between Russia and Ukraine and focused on a surge in COVID-19 cases in China.
The... Oil futures pulled back to start the week as traders looked for signs of progress in talks between Russia and Ukraine and focused on a surge in COVID-19 cases in China. The moves come despite a brutal weekend of fighting in Ukraine that saw Russian forces intensify their attacks on cities. An airstrike on a Ukrainian military training facility near the border with Poland, a NATO member, killed 35 people a day after Moscow warned that it would consider arms shipments as legitimate targets.
The market could be focusing more on the latest COVID developments in China, said Warren Patterson, head of commodities strategy at ING, in a note.
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