{"id":47219,"date":"2025-08-20T13:48:23","date_gmt":"2025-08-20T13:48:23","guid":{"rendered":"https:\/\/www.spragueenergy.com\/?p=47219"},"modified":"2025-09-18T07:41:40","modified_gmt":"2025-09-18T07:41:40","slug":"oil-markets-update-the-latest-in-price-movements","status":"publish","type":"post","link":"https:\/\/www.spragueenergy.com\/fr\/oil-markets-update-the-latest-in-price-movements\/","title":{"rendered":"Oil Market Awaits Developments on Talks Between Russia and Ukraine"},"content":{"rendered":"<p><strong>Recap:<\/strong> The oil market on Tuesday posted an inside trading day as traders weighed the<br>possibility that U.S. efforts to bring Russia and Ukraine toward a peace agreement will lead to<br>an easing of sanctions on Russian oil. Following a White House meeting on Monday with<br>Ukrainian President Volodymyr Zelenskiy and European allies, U.S. President Donald Trump<br>announced that he had spoken with Russian President Vladimir Putin and said arrangements<br>were being made for a meeting between Russia\u2019s President and Ukraine\u2019s President, which<br>could lead to a trilateral summit involving all three leaders. The apparent movement in<br>negotiations fueled renewed hopes for an end to the war. The crude market posted a high of<br>$63.39 on the opening before it started to erase its previous gains. The market sold off to a<br>low of $62.25 ahead of the close. The September WTI contract settled down $1.07 at $62.35<br>and the October Brent contract settled down 81 cents at $65.79. The product markets ended<br>the session in mixed territory, with the heating oil market settling up 1.08 cents at $2.2511<br>and the RB market settling down 97 points at $2.089.<\/p>\n\n\n\n<p><br><strong>Technical Analysis:<\/strong> The crude market will continue to trade sideways and remain headline<br>driven as the market awaits further developments on the possible face to face talks between<br>the leaders of Russia and Ukraine. The market will likely be driven by the weekly petroleum<br>stocks reports, which are expected to show draws in crude stocks of 1.8 million barrels in<br>crude stocks. The market is seen finding support at its low of $62.38, $62.18, $61.94, $61.19,<br>$60.86, $60.52, $59.80 and $59.25. Resistance is seen at $63.39, $63.79, $64.15, $64.34,<br>$64.44, $64.58 and $65.11. Further resistance is seen at $65.21, $66.23, $66.75 and $67.24.<\/p>\n\n\n\n<p><br><strong>Fundamental News: <\/strong>U.S. President Donald Trump said he hoped Russia&#8217;s Vladimir Putin would<br>move forward on ending the war in Ukraine but conceded that the Kremlin leader may not<br>want to make a deal at all, adding this would create a &#8220;rough situation&#8221; for President Putin.<br>President Trump said he expected that Putin&#8217;s course of action would become clear in the next<br>couple of weeks. He also again ruled out American boots on the ground in Ukraine and gave no<br>specifics about the security guarantees he has previously said Washington could offer Kyiv<br>under any post-war settlement. Ukraine and its European allies have been buoyed by Trump&#8217;s<br>promise of security guarantees to help end the war during an extraordinary summit on<br>Monday but face many unanswered questions, including how willing Russia will be to play ball.<br>Ukrainian President Volodymyr Zelenskiy hailed Monday&#8217;s talks at the White House with the<br>U.S. President as a &#8220;major step forward&#8221; towards ending the conflict and towards setting up a<br>trilateral meeting with Russia President and President Trump in the coming weeks. He said<br>that security guarantees for Ukraine will likely be worked out within 10 days. Russia has made<br>no explicit commitment to a meeting between Russia\u2019s President and Ukraine\u2019s President.<br>Russia\u2019s Foreign Minister Sergei Lavrov said that Moscow did not reject any formats for<br>discussing the peace process in Ukraine but any meeting of national leaders &#8220;must be<br>prepared with utmost thoroughness&#8221;. He said Russia remained committed to efforts aimed at<br>resolving the conflict in Ukraine, including both bilateral and trilateral formats.<\/p>\n\n\n\n<p><br>California Attorney General Rob Bonta and other Democratic state attorneys general urged the<br>Trump administration to abandon its plan to rescind the long-standing finding that greenhouse<br>gas emissions endanger human health, removing the legal foundation for all U.S. greenhouse<br>gas regulations. If finalized, the Environmental Protection Agency repeal would end current<br>limits on greenhouse gas pollution from vehicle tailpipes, power plants, smokestacks and other<br>sources, and hamper future U.S. efforts to combat global warming.<\/p>\n\n\n\n<p><br><strong>Early Market Call &#8211; as of 8:40 AM EDT<br>WTI &#8211; Sep $63.15, up 64 cents<br>RBOB &#8211; Sep $2.0981, up 71 points<br>HO &#8211; Sep $2.2731, up 1.64 cents<\/strong><\/p>","protected":false},"excerpt":{"rendered":"<p>Recap: The oil market on Tuesday posted an inside trading day as traders weighed thepossibility that U.S. efforts to bring Russia and Ukraine toward a peace agreement will lead toan [&hellip;]<\/p>\n","protected":false},"author":10,"featured_media":47400,"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-47219","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 v27.8 (Yoast SEO v27.8) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Oil Markets Update: The Latest in Price Movements - Sprague Energy<\/title>\n<meta name=\"description\" content=\"Explore the latest developments in Oil Markets as U.S. negotiations with Russia and Ukraine raise hopes for easing sanctions.\" \/>\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\/oil-markets-update-the-latest-in-price-movements\/\" \/>\n<meta property=\"og:locale\" content=\"fr_CA\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Oil Market Awaits Developments on Talks Between Russia and Ukraine\" \/>\n<meta property=\"og:description\" content=\"Explore the latest developments in Oil Markets as U.S. negotiations with Russia and Ukraine raise hopes for easing sanctions.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.spragueenergy.com\/fr\/oil-markets-update-the-latest-in-price-movements\/\" \/>\n<meta property=\"og:site_name\" content=\"Sprague Energy\" \/>\n<meta property=\"article:published_time\" content=\"2025-08-20T13:48:23+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-09-18T07:41:40+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.spragueenergy.com\/wp-content\/uploads\/2025\/09\/1-1.png\" \/>\n\t<meta property=\"og:image:width\" content=\"250\" \/>\n\t<meta property=\"og:image:height\" content=\"250\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Emerson Doiron\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"\u00c9crit par\" \/>\n\t<meta name=\"twitter:data1\" content=\"Emerson Doiron\" \/>\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\\\/oil-markets-update-the-latest-in-price-movements\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.spragueenergy.com\\\/oil-markets-update-the-latest-in-price-movements\\\/\"},\"author\":{\"name\":\"Emerson Doiron\",\"@id\":\"https:\\\/\\\/www.spragueenergy.com\\\/#\\\/schema\\\/person\\\/c98fa0a48d1ede91a3a46e2f76bc1ee9\"},\"headline\":\"Oil Market Awaits Developments on Talks Between Russia and Ukraine\",\"datePublished\":\"2025-08-20T13:48:23+00:00\",\"dateModified\":\"2025-09-18T07:41:40+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.spragueenergy.com\\\/oil-markets-update-the-latest-in-price-movements\\\/\"},\"wordCount\":607,\"image\":{\"@id\":\"https:\\\/\\\/www.spragueenergy.com\\\/oil-markets-update-the-latest-in-price-movements\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.spragueenergy.com\\\/wp-content\\\/uploads\\\/2025\\\/09\\\/1-1.png\",\"articleSection\":[\"Crude\",\"Delivered Fuel\",\"Gasoline\",\"Heating Oil\",\"Market Insights\",\"Wholesale Fuel\"],\"inLanguage\":\"fr-CA\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.spragueenergy.com\\\/oil-markets-update-the-latest-in-price-movements\\\/\",\"url\":\"https:\\\/\\\/www.spragueenergy.com\\\/oil-markets-update-the-latest-in-price-movements\\\/\",\"name\":\"Oil Markets Update: The Latest in Price Movements - Sprague Energy\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.spragueenergy.com\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.spragueenergy.com\\\/oil-markets-update-the-latest-in-price-movements\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.spragueenergy.com\\\/oil-markets-update-the-latest-in-price-movements\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.spragueenergy.com\\\/wp-content\\\/uploads\\\/2025\\\/09\\\/1-1.png\",\"datePublished\":\"2025-08-20T13:48:23+00:00\",\"dateModified\":\"2025-09-18T07:41:40+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/www.spragueenergy.com\\\/#\\\/schema\\\/person\\\/c98fa0a48d1ede91a3a46e2f76bc1ee9\"},\"description\":\"Explore the latest developments in Oil Markets as U.S. negotiations with Russia and Ukraine raise hopes for easing sanctions.\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.spragueenergy.com\\\/oil-markets-update-the-latest-in-price-movements\\\/#breadcrumb\"},\"inLanguage\":\"fr-CA\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.spragueenergy.com\\\/oil-markets-update-the-latest-in-price-movements\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"fr-CA\",\"@id\":\"https:\\\/\\\/www.spragueenergy.com\\\/oil-markets-update-the-latest-in-price-movements\\\/#primaryimage\",\"url\":\"https:\\\/\\\/www.spragueenergy.com\\\/wp-content\\\/uploads\\\/2025\\\/09\\\/1-1.png\",\"contentUrl\":\"https:\\\/\\\/www.spragueenergy.com\\\/wp-content\\\/uploads\\\/2025\\\/09\\\/1-1.png\",\"width\":250,\"height\":250},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.spragueenergy.com\\\/oil-markets-update-the-latest-in-price-movements\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.spragueenergy.com\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Oil Market Awaits Developments on Talks Between Russia and 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\\\/c98fa0a48d1ede91a3a46e2f76bc1ee9\",\"name\":\"Emerson Doiron\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"fr-CA\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/70e55f8ab33220b8c4d4314515479968fd75ccca651852560e774951429fa3d6?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/70e55f8ab33220b8c4d4314515479968fd75ccca651852560e774951429fa3d6?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/70e55f8ab33220b8c4d4314515479968fd75ccca651852560e774951429fa3d6?s=96&d=mm&r=g\",\"caption\":\"Emerson Doiron\"},\"url\":\"https:\\\/\\\/www.spragueenergy.com\\\/fr\\\/author\\\/edoiron\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Oil Markets Update: The Latest in Price Movements - Sprague Energy","description":"Explore the latest developments in Oil Markets as U.S. negotiations with Russia and Ukraine raise hopes for easing sanctions.","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\/oil-markets-update-the-latest-in-price-movements\/","og_locale":"fr_CA","og_type":"article","og_title":"Oil Market Awaits Developments on Talks Between Russia and Ukraine","og_description":"Explore the latest developments in Oil Markets as U.S. negotiations with Russia and Ukraine raise hopes for easing sanctions.","og_url":"https:\/\/www.spragueenergy.com\/fr\/oil-markets-update-the-latest-in-price-movements\/","og_site_name":"Sprague Energy","article_published_time":"2025-08-20T13:48:23+00:00","article_modified_time":"2025-09-18T07:41:40+00:00","og_image":[{"width":250,"height":250,"url":"https:\/\/www.spragueenergy.com\/wp-content\/uploads\/2025\/09\/1-1.png","type":"image\/png"}],"author":"Emerson Doiron","twitter_card":"summary_large_image","twitter_misc":{"\u00c9crit par":"Emerson Doiron","Estimation du temps de lecture":"4 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.spragueenergy.com\/oil-markets-update-the-latest-in-price-movements\/#article","isPartOf":{"@id":"https:\/\/www.spragueenergy.com\/oil-markets-update-the-latest-in-price-movements\/"},"author":{"name":"Emerson Doiron","@id":"https:\/\/www.spragueenergy.com\/#\/schema\/person\/c98fa0a48d1ede91a3a46e2f76bc1ee9"},"headline":"Oil Market Awaits Developments on Talks Between Russia and Ukraine","datePublished":"2025-08-20T13:48:23+00:00","dateModified":"2025-09-18T07:41:40+00:00","mainEntityOfPage":{"@id":"https:\/\/www.spragueenergy.com\/oil-markets-update-the-latest-in-price-movements\/"},"wordCount":607,"image":{"@id":"https:\/\/www.spragueenergy.com\/oil-markets-update-the-latest-in-price-movements\/#primaryimage"},"thumbnailUrl":"https:\/\/www.spragueenergy.com\/wp-content\/uploads\/2025\/09\/1-1.png","articleSection":["Crude","Delivered Fuel","Gasoline","Heating Oil","Market Insights","Wholesale Fuel"],"inLanguage":"fr-CA"},{"@type":"WebPage","@id":"https:\/\/www.spragueenergy.com\/oil-markets-update-the-latest-in-price-movements\/","url":"https:\/\/www.spragueenergy.com\/oil-markets-update-the-latest-in-price-movements\/","name":"Oil Markets Update: The Latest in Price Movements - Sprague Energy","isPartOf":{"@id":"https:\/\/www.spragueenergy.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.spragueenergy.com\/oil-markets-update-the-latest-in-price-movements\/#primaryimage"},"image":{"@id":"https:\/\/www.spragueenergy.com\/oil-markets-update-the-latest-in-price-movements\/#primaryimage"},"thumbnailUrl":"https:\/\/www.spragueenergy.com\/wp-content\/uploads\/2025\/09\/1-1.png","datePublished":"2025-08-20T13:48:23+00:00","dateModified":"2025-09-18T07:41:40+00:00","author":{"@id":"https:\/\/www.spragueenergy.com\/#\/schema\/person\/c98fa0a48d1ede91a3a46e2f76bc1ee9"},"description":"Explore the latest developments in Oil Markets as U.S. negotiations with Russia and Ukraine raise hopes for easing sanctions.","breadcrumb":{"@id":"https:\/\/www.spragueenergy.com\/oil-markets-update-the-latest-in-price-movements\/#breadcrumb"},"inLanguage":"fr-CA","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.spragueenergy.com\/oil-markets-update-the-latest-in-price-movements\/"]}]},{"@type":"ImageObject","inLanguage":"fr-CA","@id":"https:\/\/www.spragueenergy.com\/oil-markets-update-the-latest-in-price-movements\/#primaryimage","url":"https:\/\/www.spragueenergy.com\/wp-content\/uploads\/2025\/09\/1-1.png","contentUrl":"https:\/\/www.spragueenergy.com\/wp-content\/uploads\/2025\/09\/1-1.png","width":250,"height":250},{"@type":"BreadcrumbList","@id":"https:\/\/www.spragueenergy.com\/oil-markets-update-the-latest-in-price-movements\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.spragueenergy.com\/"},{"@type":"ListItem","position":2,"name":"Oil Market Awaits Developments on Talks Between Russia and 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\/c98fa0a48d1ede91a3a46e2f76bc1ee9","name":"Emerson Doiron","image":{"@type":"ImageObject","inLanguage":"fr-CA","@id":"https:\/\/secure.gravatar.com\/avatar\/70e55f8ab33220b8c4d4314515479968fd75ccca651852560e774951429fa3d6?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/70e55f8ab33220b8c4d4314515479968fd75ccca651852560e774951429fa3d6?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/70e55f8ab33220b8c4d4314515479968fd75ccca651852560e774951429fa3d6?s=96&d=mm&r=g","caption":"Emerson Doiron"},"url":"https:\/\/www.spragueenergy.com\/fr\/author\/edoiron\/"}]}},"terminal":null,"_links":{"self":[{"href":"https:\/\/www.spragueenergy.com\/fr\/wp-json\/wp\/v2\/posts\/47219","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\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/www.spragueenergy.com\/fr\/wp-json\/wp\/v2\/comments?post=47219"}],"version-history":[{"count":0,"href":"https:\/\/www.spragueenergy.com\/fr\/wp-json\/wp\/v2\/posts\/47219\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.spragueenergy.com\/fr\/wp-json\/wp\/v2\/media\/47400"}],"wp:attachment":[{"href":"https:\/\/www.spragueenergy.com\/fr\/wp-json\/wp\/v2\/media?parent=47219"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.spragueenergy.com\/fr\/wp-json\/wp\/v2\/categories?post=47219"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.spragueenergy.com\/fr\/wp-json\/wp\/v2\/tags?post=47219"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}