Oil Dips in Thin Post-Christmas Trade Amid Ukraine Talk Progress

<p>Watch Scarlet and Paul LIVE every day on YouTube: <a href="http://bit.ly/3vTiACF">http://bit.ly/3vTiACF</a>.</p> <p>On this special holiday week episode, Paul Sweeney hosts along with Bloomberg Tech co-host Caroline Hyde.</p> <p>Oil slumped in muted post-Christmas trading as investors assessed a step forward in long-stalled Ukraine peace talks which could lead to a deal that allows more Russian oil into global markets grappling with oversupply.</p> <p>West Texas Intermediate edged down on Friday to trade near $58 a barrel, though still on track for the biggest weekly gain since late October, while Brent was below $62. Ukrainian President Volodymyr Zelenskiy said he expects to meet with US President Donald Trump in Florida on Sunday about ending Russia&rsquo;s war, adding that his country&rsquo;s framework deal with the US was &ldquo;almost ready&rdquo; and signing it will depend on the upcoming meeting.<br /><br />Paul and Caroline speak with:<br /><br />- Dr. Ellen Wald, Atlantic Council Senior Fellow discusses oil amid geopolitical unrest<br />- Mishel Alon, Chief Business Officer at Verve discusses consumer sentiment and spending<br />- Carol Pepper, CEO at Pepper International discusses markets</p><p>See <a href="https://omnystudio.com/listener">omnystudio.com/listener</a> for privacy information.</p>