Oil prices steady amid Russia Ukraine peace uncertainty and supply dynamics

Oil prices held steady on Friday as traders weighed ongoing uncertainty surrounding potential peace negotiations between Russia and Ukraine against supportive supply-side factors, including a larger-than-expected drawdown in US crude inventories. Brent crude futures closed up 6 cents, or 0.09%, at $67.73 per barrel, while West Texas Intermediate (WTI) crude settled 14 cents higher, or […]