Tag: Prices

  • Oil Prices Surge Amid Renewed Hope for Ukraine Peace Talks

    Oil Prices Surge Amid Renewed Hope for Ukraine Peace Talks

    (Bloomberg) — Oil gained, finishing the week positive as investors assessed the murky outlook for a cease-fire in Ukraine and as the commodity pushed past an important technical level. West Texas Intermediate rose 0.7% to settle above $60 a barrel, signaling that a risk premium persists as a peace deal between Russia and Ukraine remains…