India, Aug. 18 -- Crude oil increased on Monday as investors focused their attention on the meeting between the US and Ukrainian presidents today at the White House amid heightened geopolitical tensions surrounding Russia and Ukraine.
WTI Crude Oil for September delivery was last seen trading up by $0.60 (0.96%) at $63.40 per barrel.
In an effort to end the three-plus-year long Russian war with Ukraine, US President Donald Trump had a meeting with Russian President Vladimir Putin on Friday in Alaska.
Surprisingly after the meeting, instead of demanding an immediate ceasefire from Russia, Trump recommended that Ukraine agree to concede some territories to Russia and drop its bid to join NATO to achieve a ceasefire as well as to gain a US ...