Oil prices fell on Monday, August 18, 2025, after the United States refrained from exerting further pressure on Russia to end the war in Ukraine by imposing additional measures to disrupt its oil exports, following a meeting between the American and Russian presidents.
Brent crude futures declined 26 cents, or 0.39 percent, to $65.59 per barrel, while West Texas Intermediate crude dropped 18 cents, or 0.29 percent, to $62.62 per barrel.
U.S. President Donald Trump met with his Russian counterpart Vladimir Putin in Alaska, where he appeared more inclined toward Moscow on pursuing a peace agreement rather than settling for a ceasefire first.
Source (Al Arabiya.Net Website, Edited)
