Crude oil futures are settling at $62.69, up $0.20 or 0.32% on the day.
- WTI and Brent opened lower due to risk-off sentiment after Moody’s downgraded the US
However,
-
A Trump-Putin phone call added a positive tone, helping limit downside pressure.
-
Trump described the call as very informative, suggesting Russia and Ukraine will start ceasefire talks soon.
This article was written by Greg Michalowski at www.forexlive.com.
