IndustrialConnect360

Oil prices drop as Russia-Ukraine ceasefire talks raise supply expectations

Oil prices fell on Monday, 12 October, amid hopes that a proposed energy ceasefire between Russia and Ukraine and a US diesel supply arrangement with Moscow could lead to increased Russian shipments, reported Reuters.

Source: Offshore Technology, 2026-10-12. Third-party report, linked to its original publisher; IC360 has not independently verified it.

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