Crude oil edged lower on Thursday, extending yesterday's decline, as investors assessed reports of renewed efforts by the U.S. to end the Russia-Ukraine war against the after-effects of U.S. sanctions on Russian oil as the U.S. deadline expires in a few hours.
WTI Crude Oil for December delivery was last seen trading down by $0.27 (or 0.44%) at $59.18 per barrel.
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Market Analysis
April 24, 2026 15:15 ET Economics news flow was relatively light this week even as the conflict in the Middle East continued, raising concerns for policymakers. In the U.S., spending data, initial jobless claims and pending home sales were the highlights. Business confidence in the biggest euro area economy was in focus in Europe. Inflation data from Japan gained attention in Asia.