Oil falls on hopes Russia-Ukraine energy ceasefire will boost supplies
The daily diesel consumption globally is forecast at close to 29 million barrels, according to the International Energy Agency
The daily diesel consumption globally is forecast at close to 29 million barrels, according to the International Energy Agency

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Brent crude futures fell $1.54, or 1.47%, to $103.18 a barrel by 0154 GMT while US West Texas Intermediate crude was at $90.31 a barrel, down $1.54, or 1.68%
On Monday, oil prices dipped as the prospect of increased Russian supplies emerged following a ceasefire announcement linked to a new diesel-supply deal between Ukraine and Russia. However, rising tensions in the Middle East kept Brent crude trading above $100 a barrel. Compounding this, recent violent incidents involving tankers and ongoing regional conflicts have severely disrupted global oil markets.
GLOBAL-OIL:Oil falls on hopes Russia-Ukraine energy ceasefire will boost
