U.S. crude and Brent crude both fell $1.4 in short-term trading on Sept. 14, according to Bitget market data, with prices quoted at $98.749 a barrel and $104.29 a barrel, respectively. Diesel futures also gave back part of their gains and traded near $5.04 a gallon.
On the news side, Trump said Ukraine had agreed to stop striking Russian energy facilities and that Russia had agreed to do the same. If that arrangement is carried out, attacks by both sides on energy infrastructure could ease.
Trump also said the recent rise in global diesel prices was mainly caused by the Russia-Ukraine war rather than the situation involving Iran. The move in oil prices came alongside that statement.
U.S. crude and Brent crude both fell $1.4 in short-term trading on Sept. 14, according to Bitget market data, with prices quoted at $98.749 a barrel and $104.29 a barrel, respectively.
Diesel futures narrowed earlier gains and traded near $5.04 a gallon.
On the news side, Trump said Ukraine had agreed to stop striking Russian energy facilities, while Russia had agreed to take the same step. If implemented, that arrangement could ease attacks by both sides on energy infrastructure.
Trump also said the recent rise in global diesel prices was mainly caused by the Russia-Ukraine war rather than the situation involving Iran.
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