Oil Prices Drop Slightly as Market Volatility Eases

A gas station in Maryland on Saturday. Credit…Julio Cortez/Associated Press Oil prices drifted lower at the start of trading on Sunday evening, a respite from the volatility of recent weeks as Russia’s assault on Ukraine grinds on.

Brent crude, the international benchmark, was trading at about $111 a barrel, down roughly 1 percent, early Sunday night. In December, it cost about $65 a barrel, before Russia’s president, Vladimir V. Putin , began what President Biden called a “vicious war of choice” in Ukraine. West Texas Intermediate, the American benchmark, was trading around $108, down about 1.5 percent.

Oil prices, which surged […]

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