WTI OIL STRUGGLES ABOVE $70.00
WTI OIL STRUGGLES ABOVE $70.00
WTI oil price aims to maintain ground above $70.00 after a sharp drop on Friday.
Russia-Ukraine peace talks could lead to increased global oil supply, potentially weakening prices.
OPEC plans to delay its monthly supply increase.
WTI futures bounced to $70.44 on Monday after hitting a seven-week low.
The oil market outlook remains uncertain as investors await developments in Russia-US peace talks.
