{"id":47114,"date":"2025-08-11T12:50:50","date_gmt":"2025-08-11T12:50:50","guid":{"rendered":"https:\/\/www.spragueenergy.com\/?p=47114"},"modified":"2025-09-18T07:41:50","modified_gmt":"2025-09-18T07:41:50","slug":"expectations-on-a-diplomatic-end-to-the-war-in-ukraine","status":"publish","type":"post","link":"https:\/\/www.spragueenergy.com\/fr\/expectations-on-a-diplomatic-end-to-the-war-in-ukraine\/","title":{"rendered":"Expectations of a Diplomatic End to the War in Ukraine"},"content":{"rendered":"<p><strong>Recap<\/strong>:&nbsp; The crude market on Friday settled unchanged on the day but ended down 5.12% on the week, the largest weekly decline since late June on expectations of a diplomatic end to the war in Ukraine. The oil market rallied to a high of $64.58 early in the session following a Bloomberg report stating that Washington and Moscow were aiming to reach a deal to halt the war in Ukraine that would lock Russia\u2019s occupation of territory seized during its military invasion. However, the market quickly gave up its gains &nbsp;as it sold off to a low of $62.77 after the U.S. dismissed the report as speculation. The market later rebounded and settled in a sideways trading range during the remainder of the session. The September WTI contract ended the session unchanged at $63.88 and the October Brent contract settled up 16 cents at $66.59. The product markets ended the session higher, with the heating oil market settling up 1.25 cents at $2.2793 and the RB market settling up 86 points at $2.0861.<\/p>\n\n\n\n<p><strong>Technical Analysis<\/strong>:&nbsp; The crude market will remain headline driven as it awaits further developments on the expected meeting next week between U.S. President Donald Trump and Russia\u2019s President Vladimir Putin. The market is seen finding support at its low of $62.77 followed by $62.55, $61.10, basis a trendline, and $60.89. Meanwhile, resistance is seen at $63.96, $64.58, $65.11, $66.75, $67.08, $67.74, $67.89 followed by $69.59 and $70.51.<\/p>\n\n\n\n<p><strong>Fundamental News<\/strong>:&nbsp; Baker Hughes reported that U.S. energy firms this week cut the number of oil and natural gas rigs operating for a third consecutive week. The oil and gas rig count fell by one to 539 in the week ending August 8<sup>th<\/sup>. Baker Hughes said oil rigs increased by one to 411 this week, while gas rigs fell by one to 123, and miscellaneous rigs fell by one to five.<\/p>\n\n\n\n<p>According to a Reuters\u2019 survey, OPEC&#8217;s oil output increased further in July after an OPEC+ agreement to raise production, although the increase was limited by Iraq making additional cuts and by drone attacks on Kurdish oilfields. OPEC produced 27.38 million bpd in July, up 270,000 bpd from June&#8217;s revised total, with the United Arab Emirates and Saudi Arabia making the largest increases. Under an agreement by eight OPEC+ members covering July output, the five OPEC members, Algeria, Iraq, Kuwait, Saudi Arabia and the UAE, were to increase output by 310,000 bpd before the effect of compensation cuts totaling 175,000 bpd for Iraq, Kuwait and the UAE. According to the survey, the actual increase by the five was 150,000 bpd. Saudi supply for June was revised up by 50,000 bpd after the country reported in OPEC&#8217;s July monthly report that it supplied 9.36 million bpd in June. The UAE raised its output by about 100,000 bpd, but still pumped below its OPEC+ quota.<\/p>\n\n\n\n<p>IIR Energy said U.S. oil refiners are expected to shut in about 221,000 bpd of capacity in the week ending August 8<sup>th<\/sup>, increasing available refining capacity by 3,000 bpd. Offline capacity is expected to remain at 221,000 bpd in the week ending August 15<sup>th<\/sup> and in the week ending August 8<sup>th<\/sup>.<\/p>\n\n\n\n<p>Israel&#8217;s cabinet approved a plan to take control of Gaza City early on Friday, hours after Prime Minister Benjamin Netanyahu said Israel intended to take military control of the entire strip despite intensifying criticism at home and abroad over the war. On Thursday, Prime Minister Netanyahu said Israel wanted to hand over the territory to Arab forces that would govern it. He did not elaborate on the governance arrangements or which Arab countries could be involved. Two government sources said any resolution by the security cabinet would need to be approved by the full cabinet, which may not meet until Sunday. Hamas in a statement called Netanyahu&#8217;s comments &#8220;a blatant coup&#8221; against the negotiation process.<\/p>\n\n\n\n<p><strong>Early<\/strong><strong> Market Call &#8211; as of 8:30 AM EDT<\/strong><\/p>\n\n\n\n<p><strong>WTI &#8211; Sep $64.22, up 87 cents<\/strong><\/p>\n\n\n\n<p><strong>RBOB &#8211; Sep $2.0917, up 2.11 cents <\/strong><\/p>\n\n\n\n<p><strong>HO &#8211; Sep $2.2780, up 91 points<\/strong><\/p>","protected":false},"excerpt":{"rendered":"<p>Recap:&nbsp; The crude market on Friday settled unchanged on the day but ended down 5.12% on the week, the largest weekly decline since late June on expectations of a diplomatic [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":44522,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":true,"sfsi_plus_gutenberg_text_before_share":"","sfsi_plus_gutenberg_show_text_before_share":"","sfsi_plus_gutenberg_icon_type":"","sfsi_plus_gutenberg_icon_alignemt":"","sfsi_plus_gutenburg_max_per_row":"","footnotes":""},"categories":[21,191,23,20,1,190],"tags":[],"class_list":["post-47114","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-crude","category-delivered-fuel","category-gasoline","category-heating-oil","category-market-insights","category-wholesale-fuel"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.4 (Yoast SEO v27.5) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Expectations of a Diplomatic End to the War in Ukraine - Sprague Energy<\/title>\n<meta name=\"description\" content=\"Explore the latest trends in the oil market, including recent price fluctuations and geopolitical impacts on crude oil.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.spragueenergy.com\/fr\/expectations-on-a-diplomatic-end-to-the-war-in-ukraine\/\" \/>\n<meta property=\"og:locale\" content=\"fr_CA\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Expectations of a Diplomatic End to the War in Ukraine\" \/>\n<meta property=\"og:description\" content=\"Explore the latest trends in the oil market, including recent price fluctuations and geopolitical impacts on crude oil.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.spragueenergy.com\/fr\/expectations-on-a-diplomatic-end-to-the-war-in-ukraine\/\" \/>\n<meta property=\"og:site_name\" content=\"Sprague Energy\" \/>\n<meta property=\"article:published_time\" content=\"2025-08-11T12:50:50+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-09-18T07:41:50+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.spragueenergy.com\/wp-content\/uploads\/2024\/06\/5-1.png\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"628\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Emily Beckett\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"\u00c9crit par\" \/>\n\t<meta name=\"twitter:data1\" content=\"Emily Beckett\" \/>\n\t<meta name=\"twitter:label2\" content=\"Estimation du temps de lecture\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.spragueenergy.com\\\/expectations-on-a-diplomatic-end-to-the-war-in-ukraine\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.spragueenergy.com\\\/expectations-on-a-diplomatic-end-to-the-war-in-ukraine\\\/\"},\"author\":{\"name\":\"Emily Beckett\",\"@id\":\"https:\\\/\\\/www.spragueenergy.com\\\/#\\\/schema\\\/person\\\/f16806fa4af9f2c44e5e1b0a75e5ace9\"},\"headline\":\"Expectations of a Diplomatic End to the War in Ukraine\",\"datePublished\":\"2025-08-11T12:50:50+00:00\",\"dateModified\":\"2025-09-18T07:41:50+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.spragueenergy.com\\\/expectations-on-a-diplomatic-end-to-the-war-in-ukraine\\\/\"},\"wordCount\":650,\"image\":{\"@id\":\"https:\\\/\\\/www.spragueenergy.com\\\/expectations-on-a-diplomatic-end-to-the-war-in-ukraine\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.spragueenergy.com\\\/wp-content\\\/uploads\\\/2024\\\/06\\\/5-1.png\",\"articleSection\":[\"Crude\",\"Delivered Fuel\",\"Gasoline\",\"Heating Oil\",\"Market Insights\",\"Wholesale Fuel\"],\"inLanguage\":\"fr-CA\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.spragueenergy.com\\\/expectations-on-a-diplomatic-end-to-the-war-in-ukraine\\\/\",\"url\":\"https:\\\/\\\/www.spragueenergy.com\\\/expectations-on-a-diplomatic-end-to-the-war-in-ukraine\\\/\",\"name\":\"Expectations of a Diplomatic End to the War in Ukraine - Sprague Energy\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.spragueenergy.com\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.spragueenergy.com\\\/expectations-on-a-diplomatic-end-to-the-war-in-ukraine\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.spragueenergy.com\\\/expectations-on-a-diplomatic-end-to-the-war-in-ukraine\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.spragueenergy.com\\\/wp-content\\\/uploads\\\/2024\\\/06\\\/5-1.png\",\"datePublished\":\"2025-08-11T12:50:50+00:00\",\"dateModified\":\"2025-09-18T07:41:50+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/www.spragueenergy.com\\\/#\\\/schema\\\/person\\\/f16806fa4af9f2c44e5e1b0a75e5ace9\"},\"description\":\"Explore the latest trends in the oil market, including recent price fluctuations and geopolitical impacts on crude oil.\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.spragueenergy.com\\\/expectations-on-a-diplomatic-end-to-the-war-in-ukraine\\\/#breadcrumb\"},\"inLanguage\":\"fr-CA\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.spragueenergy.com\\\/expectations-on-a-diplomatic-end-to-the-war-in-ukraine\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"fr-CA\",\"@id\":\"https:\\\/\\\/www.spragueenergy.com\\\/expectations-on-a-diplomatic-end-to-the-war-in-ukraine\\\/#primaryimage\",\"url\":\"https:\\\/\\\/www.spragueenergy.com\\\/wp-content\\\/uploads\\\/2024\\\/06\\\/5-1.png\",\"contentUrl\":\"https:\\\/\\\/www.spragueenergy.com\\\/wp-content\\\/uploads\\\/2024\\\/06\\\/5-1.png\",\"width\":1200,\"height\":628,\"caption\":\"Industrial storage tanks at a fuel terminal with city skyline in the background, overlaid with the text 'Refined Products MarketWatch' in bold white font, framed by a red rectangle.\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.spragueenergy.com\\\/expectations-on-a-diplomatic-end-to-the-war-in-ukraine\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.spragueenergy.com\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Expectations of a Diplomatic End to the War in Ukraine\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.spragueenergy.com\\\/#website\",\"url\":\"https:\\\/\\\/www.spragueenergy.com\\\/\",\"name\":\"Sprague Energy\",\"description\":\"Our Energy Makes the Difference\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.spragueenergy.com\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"fr-CA\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/www.spragueenergy.com\\\/#\\\/schema\\\/person\\\/f16806fa4af9f2c44e5e1b0a75e5ace9\",\"name\":\"Emily Beckett\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"fr-CA\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/924f71156c61d85a05686dee7318acf2321732eee51894f7ac82ed4453356bc3?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/924f71156c61d85a05686dee7318acf2321732eee51894f7ac82ed4453356bc3?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/924f71156c61d85a05686dee7318acf2321732eee51894f7ac82ed4453356bc3?s=96&d=mm&r=g\",\"caption\":\"Emily Beckett\"},\"sameAs\":[\"https:\\\/\\\/www.spragueenergy.com\"],\"url\":\"https:\\\/\\\/www.spragueenergy.com\\\/fr\\\/author\\\/ebeckett\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Expectations of a Diplomatic End to the War in Ukraine - Sprague Energy","description":"Explore the latest trends in the oil market, including recent price fluctuations and geopolitical impacts on crude oil.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.spragueenergy.com\/fr\/expectations-on-a-diplomatic-end-to-the-war-in-ukraine\/","og_locale":"fr_CA","og_type":"article","og_title":"Expectations of a Diplomatic End to the War in Ukraine","og_description":"Explore the latest trends in the oil market, including recent price fluctuations and geopolitical impacts on crude oil.","og_url":"https:\/\/www.spragueenergy.com\/fr\/expectations-on-a-diplomatic-end-to-the-war-in-ukraine\/","og_site_name":"Sprague Energy","article_published_time":"2025-08-11T12:50:50+00:00","article_modified_time":"2025-09-18T07:41:50+00:00","og_image":[{"width":1200,"height":628,"url":"https:\/\/www.spragueenergy.com\/wp-content\/uploads\/2024\/06\/5-1.png","type":"image\/png"}],"author":"Emily Beckett","twitter_card":"summary_large_image","twitter_misc":{"\u00c9crit par":"Emily Beckett","Estimation du temps de lecture":"4 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.spragueenergy.com\/expectations-on-a-diplomatic-end-to-the-war-in-ukraine\/#article","isPartOf":{"@id":"https:\/\/www.spragueenergy.com\/expectations-on-a-diplomatic-end-to-the-war-in-ukraine\/"},"author":{"name":"Emily Beckett","@id":"https:\/\/www.spragueenergy.com\/#\/schema\/person\/f16806fa4af9f2c44e5e1b0a75e5ace9"},"headline":"Expectations of a Diplomatic End to the War in Ukraine","datePublished":"2025-08-11T12:50:50+00:00","dateModified":"2025-09-18T07:41:50+00:00","mainEntityOfPage":{"@id":"https:\/\/www.spragueenergy.com\/expectations-on-a-diplomatic-end-to-the-war-in-ukraine\/"},"wordCount":650,"image":{"@id":"https:\/\/www.spragueenergy.com\/expectations-on-a-diplomatic-end-to-the-war-in-ukraine\/#primaryimage"},"thumbnailUrl":"https:\/\/www.spragueenergy.com\/wp-content\/uploads\/2024\/06\/5-1.png","articleSection":["Crude","Delivered Fuel","Gasoline","Heating Oil","Market Insights","Wholesale Fuel"],"inLanguage":"fr-CA"},{"@type":"WebPage","@id":"https:\/\/www.spragueenergy.com\/expectations-on-a-diplomatic-end-to-the-war-in-ukraine\/","url":"https:\/\/www.spragueenergy.com\/expectations-on-a-diplomatic-end-to-the-war-in-ukraine\/","name":"Expectations of a Diplomatic End to the War in Ukraine - Sprague Energy","isPartOf":{"@id":"https:\/\/www.spragueenergy.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.spragueenergy.com\/expectations-on-a-diplomatic-end-to-the-war-in-ukraine\/#primaryimage"},"image":{"@id":"https:\/\/www.spragueenergy.com\/expectations-on-a-diplomatic-end-to-the-war-in-ukraine\/#primaryimage"},"thumbnailUrl":"https:\/\/www.spragueenergy.com\/wp-content\/uploads\/2024\/06\/5-1.png","datePublished":"2025-08-11T12:50:50+00:00","dateModified":"2025-09-18T07:41:50+00:00","author":{"@id":"https:\/\/www.spragueenergy.com\/#\/schema\/person\/f16806fa4af9f2c44e5e1b0a75e5ace9"},"description":"Explore the latest trends in the oil market, including recent price fluctuations and geopolitical impacts on crude oil.","breadcrumb":{"@id":"https:\/\/www.spragueenergy.com\/expectations-on-a-diplomatic-end-to-the-war-in-ukraine\/#breadcrumb"},"inLanguage":"fr-CA","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.spragueenergy.com\/expectations-on-a-diplomatic-end-to-the-war-in-ukraine\/"]}]},{"@type":"ImageObject","inLanguage":"fr-CA","@id":"https:\/\/www.spragueenergy.com\/expectations-on-a-diplomatic-end-to-the-war-in-ukraine\/#primaryimage","url":"https:\/\/www.spragueenergy.com\/wp-content\/uploads\/2024\/06\/5-1.png","contentUrl":"https:\/\/www.spragueenergy.com\/wp-content\/uploads\/2024\/06\/5-1.png","width":1200,"height":628,"caption":"Industrial storage tanks at a fuel terminal with city skyline in the background, overlaid with the text 'Refined Products MarketWatch' in bold white font, framed by a red rectangle."},{"@type":"BreadcrumbList","@id":"https:\/\/www.spragueenergy.com\/expectations-on-a-diplomatic-end-to-the-war-in-ukraine\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.spragueenergy.com\/"},{"@type":"ListItem","position":2,"name":"Expectations of a Diplomatic End to the War in Ukraine"}]},{"@type":"WebSite","@id":"https:\/\/www.spragueenergy.com\/#website","url":"https:\/\/www.spragueenergy.com\/","name":"Sprague Energy","description":"Our Energy Makes the Difference","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.spragueenergy.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"fr-CA"},{"@type":"Person","@id":"https:\/\/www.spragueenergy.com\/#\/schema\/person\/f16806fa4af9f2c44e5e1b0a75e5ace9","name":"Emily Beckett","image":{"@type":"ImageObject","inLanguage":"fr-CA","@id":"https:\/\/secure.gravatar.com\/avatar\/924f71156c61d85a05686dee7318acf2321732eee51894f7ac82ed4453356bc3?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/924f71156c61d85a05686dee7318acf2321732eee51894f7ac82ed4453356bc3?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/924f71156c61d85a05686dee7318acf2321732eee51894f7ac82ed4453356bc3?s=96&d=mm&r=g","caption":"Emily Beckett"},"sameAs":["https:\/\/www.spragueenergy.com"],"url":"https:\/\/www.spragueenergy.com\/fr\/author\/ebeckett\/"}]}},"terminal":null,"_links":{"self":[{"href":"https:\/\/www.spragueenergy.com\/fr\/wp-json\/wp\/v2\/posts\/47114","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.spragueenergy.com\/fr\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.spragueenergy.com\/fr\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.spragueenergy.com\/fr\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.spragueenergy.com\/fr\/wp-json\/wp\/v2\/comments?post=47114"}],"version-history":[{"count":0,"href":"https:\/\/www.spragueenergy.com\/fr\/wp-json\/wp\/v2\/posts\/47114\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.spragueenergy.com\/fr\/wp-json\/wp\/v2\/media\/44522"}],"wp:attachment":[{"href":"https:\/\/www.spragueenergy.com\/fr\/wp-json\/wp\/v2\/media?parent=47114"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.spragueenergy.com\/fr\/wp-json\/wp\/v2\/categories?post=47114"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.spragueenergy.com\/fr\/wp-json\/wp\/v2\/tags?post=47114"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}