Actions in the oil markets declined on average after Russia's agreement to the proposal of US President Donald Trump to temporarily suspend attacks on Moscow and Kyiv's energy infrastructure, which could lead to increased supplies of Russian oil to global markets. Vladimir Putin agreed on Tuesday to suspend attacks on Ukrainian energy facilities, but did not confirm a complete cessation of fire for 30 days, as hoped by Trump. Oil prices for WTI fell by 15 cents or 0.2% to $66.75 per barrel. Futures for Brent oil also dropped by 12 cents or 0.2% to $70.44 per barrel. The reaction of the Russian market did not yield a sharp price reaction for oil after Putin agreed to temporarily suspend attacks. This indicates that the situation remains unstable, analysts noted.
