Summary: Oil prices are expected to end their two-week losing streak due to fading hopes for a quick resolution to the Russia-Ukraine conflict. The ongoing war and potential for tougher U.S. sanctions on Russia increase the risk premium for oil sellers. Additionally, a larger-than-expected drawdown from U.S. crude stockpiles indicates strong demand, supporting oil prices.

Link: https://www.channelnewsasia.com/business/oil-prices-set-snap-two-week-losing-streak-peace-ukraine-remains-elusive-5308201