Oil prices steady as peace talks loom, Caspian supply reduced

By X-blogger - on February 18, 2025

Oil prices were broadly steady as investors monitored developments over a possible Russia-Ukraine peace deal that could increase global flows by easing sanctions, while reduced Caspian supply from a pumping station drone attack curbed any selling.

The Oil-Dollar pair skyrocketed 1.3% in the last session. The RSI is giving a negative signal.
Support: 69.539 | Resistance: 72.72

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