Oil steadied as traders turned their attention to Donald Trump’s meeting with Volodymyr Zelenskiy on Monday, with the Ukrainian leader facing US pressure to reach a peace deal with Russia that involves ceding territory.
Brent was below $66 a barrel after closing 1.5% lower in the previous session, while West Texas Intermediate was near $63. In a show of support, European leaders including European Commission President Ursula von der Leyen, French President Emmanuel Macron, and NATO Secretary-General Mark Rutte, will join the high-stakes meeting in Washington with Trump and Zelenskiy.