India, Aug. 19 -- Oil prices fell around 1 percent on Tuesday amid positive signals from U.S.-Ukraine talks.
Benchmark Brent crude futures fell 1.1 percent to $65.88 a barrel in European trade, while WTI crude futures were down a little over 1 percent at $62.03.
Traders weighed the possibility of a peace deal between Russia and Ukraine, easing geopolitical tensions slightly and reducing chances of further escalation of secondary sanctions targeting importers of Russian crude.
Following talks with European leaders at White House on Monday, U.S. President Donald Trump said that arrangements are under way for a future meeting between Ukraine President Volodymyr Zelenskyy and Russian President Vladimir Putin and, later, a trilateral gatherin...