Traders anticipate potential easing of US sanctions on Russian energy, which could boost supply amid concerns over slowing demand and rising OPEC+ output. Geopolitical tensions persist, with Ukrainian strikes on Russian assets adding volatility.

Oil holds steady as Trump-Putin Alaska summit takes centre stage

Russia's crude oil sales to India are enabling it to earn far more money than what was previously believed, according to a report in Financial Times. The inflated shipping costs are enabling Russian companies earn much more money than recognised earlier, it said.

Russia's crude oil exports to India gave Moscow far more money than previously recognised

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Oil holds steady as Trump-Putin Alaska summit takes centre stage

Russia's crude oil exports to India gave Moscow far more money than previously recognised