Oil prices stable as tariff and Ukraine uncertainty dominates sentiment
Oil prices were little changed on Monday after registering a monthly loss for the first time since November, while investors await the outcome of efforts to end the Russia-Ukraine war and repercussions from U.S. tariffs. Brent crude rose 31 cents, or 0.43%, to $73.12 a barrel by 1403 GMT, while U.S. West Texas Intermediate crude was up 25 cents, or 0.36%, at $70.01. Ukrainian President Volodymyr Zelenskiy said on Sunday that he believed he could salvage his relationship with U.S. President Donald Trump.