Oil Prices Decline as Investors Await US Inflation Data and Bank Earnings Amid Geopolitical Tensions: Dow Jones, S&P, Nasdaq, Wall Street Futures
Oil prices fell on Monday following US President Donald Trump’s announcement of a proposed energy ceasefire between Russia and Ukraine, although neither country had confirmed an agreement. Investors also turned their attention to upcoming US inflation figures, the start of the third-quarter corporate earnings season and continuing tensions in the Middle East.