DENVER: Oil futures settled at their lowest level since February 2021 on Tuesday amid ongoing jitters surrounding oversupply and as the prospect of a Russia-Ukraine peace deal appeared to strengthen, raising expectations sanctions could be eased.

Brent crude futures settled down US$1.64 a barrel, off roughly 2.71%, to US$58.92 a barr

πŸ“°

Continue Reading on The Star Malaysia

This preview shows approximately 15% of the article. Read the full story on the publisher's website to support quality journalism.

Read Full Article β†’