Crude oil prices were mostly unchanged on Monday’s trading just days ahead of the meeting between President Trump and Russia’s Putin regarding the war in Ukraine.
Only a few cents separate Monday’s close from Friday. Oil prices had a horrible week last week when they fell more than 4%. Trump and Putin intend to meet Friday in Alaska where there are hopes a negotiated end to the war will be accomplished.
President Trump had threatened Russia with more oil sanctions if it didn’t end the war.
West Texas Intermediate crude gained 8 cents or 0.13% to finish at $63.96 per barrel on the New York Mercantile Exchange.
Brent crude finished up 4 cents or 0.06% to close at $66.63 a barrel.
Oklahoma energy stocks opened the week with mostly losses, including Mammoth Energy with a 6% fall for the day. NGL Energy Partners had the highest percentage gain at more than 3%.