November 21, 2025

Oil prices extended declines and energy stocks fell on Friday as U.S. President Donald Trump pushed for a peace deal to end the long-running Russia-Ukraine war.

International benchmark Brent crude futures with January expiry fell 1.29% to close at $62.56 per barrel.The contract dipped 0.2% in the previous session.

U.S. West Texas Intermediate futures with January expiry shed 1.59% to settle at $58.06, after closing Thursday off 0.5%.

Read more:

https://www.cnbc.com/2025/11/21/oil-prices-energy-stocks-in-focus-amid-trumps-new-ukraine-peace-plan.html