WTI experiences sudden drop, tumbles below $110 as Zelenskyy hints at compromise, on bearish OPEC updates

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WTI experiences sudden drop, tumbles below $110 as Zelenskyy hints at compromise, on bearish OPEC updates
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WTI experiences sudden drop, tumbles below $110 as Zelenskyy hints at compromise, on bearish OPEC updates By Frank_Macro WTI Oil OPEC Ukraine

atter of minutes, before recovering to around $110 once more where it now trades down over $14 on the day. Ukrainian President Volodymyr Zelenskyy in an interview with the German press said that Ukraine is prepared to make compromises with Russia if they do as well and that he aims to end the war. Meanwhile, the UAE's ambassador to the US gave a statement saying the country is going to push for a larger OPEC+ oil output hike with prices at multi-year highs.

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