How Far Can Brent and WTI Fall in an Oversupplied Market? [Yahoo! Finance]
JP Morgan Chase & Co. (JPM)
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Source: Yahoo! Finance
supply overhang and media reports claiming the United States and Russia were close to a peace deal for Ukraine. Even a blockade on sanctioned tankers carrying Venezuelan crude ordered by President Trump did not do much for prices. The question now is just how low Brent and WTI could sink from here. President Trump said this week that a peace deal for Ukraine is closer than ever. However, this may be just an expression of optimism because recent developments in the negotiations process suggest Russia is rather unwilling to make any concessions, especially territorial ones while the European backers of the current Ukrainian government have their own plan that, observers note, crosses all of Russia's red lines, including territorial concessions, the size of the Ukrainian army and, not least, the presence of European troops in the Ukraine as a peacekeeping force, which from Russia's perspective is similar to the Ukraine joining NATO. In other words, a peace deal is far from certain, b
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- 12/17/25 - Form 424B2
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