Oil drops $3 on positive signals from Russia-Ukraine peace talks
Oil prices dropped on Tuesday, extending losses from the previous day on signs of progress in talks between Russia and Ukraine to end their weeks-long conflict, with prices further pressured by China’s new lockdowns to curb the spread of the coronavirus. Brent crude fell $2.88, or 2.6%, to $109.61 a barrel by 11:07 a.m. ET […]