After the fall of around 3% recorded last week Last, oil prices paused on Monday. Investors are evaluating The chances of a fall in American rates in the face of the prospect of an agreement Russian-Ukrainian who could release more Russian offers thanks to a sanctions relief.

The price of Brent crude oil remained unchanged at $62.56 per barrel at 04:58 GMT, while West Texas Intermediate has fell by 2 cents, or 0.03%, to $58.04 per barrel.

Both benchmarks have reached their lowest levels since October 21.

According to Sugandha Sachdeva, founder of SS WealthStreet, a research company based in New Delhi, “the Crude oil prices have already fallen by nearly 17% this year, reflecting a persistent negative feeling... at these lower levels, it is expected that cheap purchases are gradually appearing.”