Oil prices settled higher on Tuesday as supply disruptions mounted in Russia and the U.S., while talks to end the war in Ukraine capped gains as this could boost supply from Moscow.

The start of the U.S.-Russian talks on ending the war in Ukraine adds another bearish geopolitical factor for oil prices this year. As top U.S. and Russian officials are meeting i

Oil prices declined in Asian trading on Thursday following a one-week high, pressured by a surprise build in U.S. crude inventories and renewed geopolitical developments. Brent crude futures dipped 0.