Oct 17, 2025
3 min read
LONDON, Oct 17 (Reuters) - Crude oil prices fell on Friday, aiming for a weekly loss of about 3 percent after the International Energy Agency forecast a growing supply glut and the presidents of the United States and Russia agreed to meet again to discuss Ukraine. U.S. (WTI) also fell 44 cents.
di anna hirtenstein
LONDON, Oct 17 (Reuters) - Crude oil prices headed for a weekly loss of around 3% on Friday after the International Energy Agency forecast an increase in supply and U.S. and Russian leaders agreed to meet again to discuss Ukraine.
* A las 0826 GMT, los futuros del Brent cedían 44 centavos, o un 0,7%, a 60,62 dólares el barril, y los del West Texas Intermediate en Estados Unidos (WTI) bajaban también 44 centavos, o un 0,8%, a 57,02 dólares.
* US President Donald Trump and his Russian counterpart Vladimir Vedimir Punin agreed on Thursday for another phase in the war in Budapest in two weeks.
* The news comes as Ukrainian President Volodymyr Zelenskyy heads to the White House to seek more military support, including long-range Tomahawk missiles, and comes at a time when Washington is pressuring India and China to stop buying Russian oil.
* "Now that the two leaders are expected to meet, it could be a sign that America's stance towards Russia could be worse.
* Ukraine's dramatic attack on Russian Russia and the threat of a secondary nuclear test against Russian oil buyers such as India and China are using the word, but the situation has changed.
* The wake wake is also due in part to ongoing trade gains between the United States and China, which has added to concerns about an economic slowdown and closer energy needs.
* Also pressure on the supply price of the IEA which will increase in 2026. The day before, it showed that the oil prices rose by 3.5 million barrels, according to analysts' expectations of 288,000 barrels.
(Reporting by Nicole Jao in New York and Billen Hoee in Beijing; editing Spanish Serrano)
