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The Economic Times News

Business / The Economic Times

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Oil steady as supply concerns cap gains, market eyes Ukraine peace talks

Oil prices are holding steady. Concerns about supply exceeding demand are limiting price increases. Investors are watching Ukraine peace talks closely. A peace deal could lift sanctions on Russian oil. U.S. oil production is expected to reach a new record this year. However, output is forecast to slightly decrease in 2026.

10 Dec 2025 9:00 am