Oil Falls in Choppy Trade as Traders Watch Ukraine Negotiations

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By Will Kubzansky

December 1, 2025 at 11:39 PM UTC

Updated on

December 2, 2025 at 8:41 PM UTC

Oil fell in a choppy trading session as traders assessed the state of the conflict between Russia and Ukraine amid a key day for peace negotiations.

West Texas Intermediate swung in a roughly $1.40 range, dropping 1.2% to settle above $58 a barrel.