This Monday, oil prices rose. Les Investors assess the outcome of talks between American presidents and Ukrainian on a possible agreement to end the war in Ukraine, as well as tensions in the Middle East that are likely to disturb procurement.

The price of Brent crude oil increased by 67% cents, or 1.1%, to reach $61.31 per barrel at 7:51am GMT, while That the price of American West Texas Intermediate crude oil has increased by 65% cents, or 1.15%, to reach $57.39.

The two reference prices fell by more than 2% On Friday, investors assessed the threat of a glut in supply global and the possibility of a peace agreement in Ukraine before the talks scheduled for this weekend between Ukrainian President Volodymyr Zelenskiy and the American President Donald Trump.

Peace talks did not result in an agreement on territorial issues, so that a peace agreement between Russia and Ukraine could remain at a standstill without a quick breakthrough, Mingyu said. Gao, chief energy and chemistry researcher at China Futures.

Rising prices can also be explained by the maintenance of high geopolitical tensions, Russia and Ukraine having continued to attack each other's infrastructures energy over the weekend, said Yang An, an analyst at Haitong Futures based in China.