SINGAPORE: Brent crude futures fell $1.54, or 1.47 percent, to $103.18 a barrel, while US West Texas Intermediate (WTI) crude settled at $90.31 a barrel, down $1.54, or 1.68 percent.
Last Friday, Trump said Russia would immediately supply US and global markets with more than 300,000 tonnes (2.25 million barrels) of diesel. He added that Russia would provide another 500,000 tonnes in November, followed by an additional 1 million tonnes “immediately thereafter”.
Trump said Moscow and Kyiv had agreed to a ceasefire covering energy facilities. However, Ukrainian President Volodymyr Zelensky said he was still awaiting details of the proposed energy ceasefire, while Russia had not commented on the announcement.
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