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Commodity News Details
WTI slips towards $58 as peace-deal buzz weighs on sentiment
25-Nov-2025 13:39
WTI crude drifted toward $58 per barrel on Tuesday, trimming earlier gains as renewed talks of a potential Russia-Ukraine peace deal pressured sentiment. Expectations of additional supply entering a market already facing a surplus next year kept prices subdued. However, stronger bets on a US rate cut in December helped cushion the decline. Traders now await the API crude inventory data for near-term direction. MCX December futures were marginally higher at ₹5242 per barrel, while the dollar index held above 100 as markets looked ahead to key US releases including retail sales, PPI, durable goods orders and jobless claims.

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