The Commodities Feed: Middle East conflict keeps oil well supported

Energy – Scepticism over Russia-Ukraine ceasefire The weakness in the oil market following President Trump's announcement of an energy ceasefire between Russia and Ukraine was short-lived. That goes, too, for the US-Russia diesel export deal. ICE Brent settled 1.8% higher, just shy of $107/bbl yesterday — the highest close since mid-September. Clearly, the market is ...