LONDON: Oil prices were little changed on Monday as investors awaited talks between the US and Ukrainian presidents after an inconclusive US-Russia summit in Alaska on Friday
Brent crude futures rose 9 cents, or 0.14 percent, to $65.94 a barrel by 3 p.m. Saudi time. US West Texas Intermediate crude was up 7 cents, or 0.11 percent, at $62.87.
Last week Brent eased by 1.1 percent while WTI dropped 1.7 percent.
Traders are awaiting a meeting later in the day between US President Donald Trump and Ukrainian President Volodymyr Zelensky as they attempt to reach a peace deal to end Europe’s deadliest war in 80 years.
Investors are watching for clues on potential ramifications for global oil supply, with potential for either a tightening of sanctions or steps toward reconciliation.
