Crude oil futures are settling at $62.69, up $0.20 or 0.32% on the day.
WTI and Brent opened lower due to risk-off sentiment after Moody’s downgraded the US
However,
A Trump-Putin phone call added a positive tone, helping limit downside pressure.
Trump described the call as very informative, suggesting Russia and Ukraine will start ceasefire talks soon.
This article was written by Greg Michalowski at www.forexlive.com.