Oil prices fall amid anticipation of the results of the Trump and Zelinski meeting

Oil prices dropped on Monday with the turn of traders at the meeting of US President Donald Trump with his Ukrainian counterpart, Volodimir Zellinski, as the latter is experiencing US pressure to reach a peace of mind that includes a waiver of land. Brent ruol dropped below $ 66 a barrel after closing a 1.5% drop in the previous session, while the intermediate crude of Western Texas cut off near $ 63. In a gesture to show support, the decisive meeting in Washington will join European leaders, including European Commission President Ursula von der Line, French President Emmanau. Trump said after his talks with Russian President Vladimir Putin in Alaska on Friday that he would request Zelinski to conclude a quick deal, and he expressed the acceptance of Putin’s claim for Ukraine to relinquish great territories. Foreign Minister Marco Rubio, who participated in the summit, told “Fox News” on Sunday: “We are still very far, and we are not at the point of a peace agreement, but I believe that progress is fulfilled.” Trump told European leaders after the meeting that the United States could contribute to any security guarantees, and that Putin is ready to accept it. But it is still not clear the nature of these guarantees discussed with the Russian leader, and whether the Kremlin will accept it. Trump avoids the imposition of fees on China before the Alaska Summit, Trump told his allies that a ceasefire would be his primary claim, threatened to withdraw from the talks and set up new strict measures on Moscow and the countries that buy its oil if it is not reached. The US president on Friday indicated that he was not in a wheel to set up sanctions. So far, Trump has focused on India because of its Russian rough purchase and the imposition of high customs duties on the Asian state. But he said in an interview with “Fox News” that he would wait to raise the fees on Chinese goods, despite buying Russian oil. Also read: India’s industry ambitions clash with Trump’s high definitions, Robert Rene, head of goods and carbon research at Westpack Bank Corp, said “the mere grip of meetings here is a positive matter,” and that the release of China from fees related to the purchase of Russian RU, a few price prints. The state of outrage as a result of Ukraine talks has discussions about the attempt to resolve the war in Ukraine, a state of market uncertainty, which recently made the oil trade in a narrow series. However, future futures remain more than 10% since the beginning of the year, amid concerns about Trump’s commercial policy. In collaboration with this, the OPEC+Alliance ended the voluntary discount and started returning to the market. Last week, the International Energy Agency said last week that the market is on its way to reaching a record surplus in 2026, due to increasing supplies and slowdowning the demand.