Archive · 14 Aug 2025
Oil Futures Rise as Trump Prepares for Putin Summit
Before a meeting between US President Trump and Russian President Putin to discuss the Ukraine war, oil prices were up.
Trump had a call with Zelenskyy and European leaders, which he rated as excellent.
He won't discuss dividing Ukraine's land with Putin and agreed on a ceasefire first.
If Russia doesn't agree, Trump plans serious consequences.
Afterwards, he is planning a second meeting with Putin including Zelenskyy, which brings hope for peace.
Crude oil futures rose ahead of the Trump-Putin meeting.
Trump spoke with Zelenskyy and European leaders, describing the call as 'very good'.
Trump does not intend to discuss territorial divisions with Putin.
European leaders are optimistic about Trump's plans for the meeting with Putin.
Trump stated that Russia would face 'very severe consequences' if they do not agree to a ceasefire.
- Who
- US President Donald Trump, Russian President Vladimir Putin, Ukrainian President Volodymyr Zelenskyy, and European Leaders.
- What
- Meeting between Trump and Putin to discuss the Russia-Ukraine conflict and potential ceasefire.
- When
- The meeting between Trump and Putin is scheduled for Friday.
- Where
- Alaska
- Why
- To discuss the Russia-Ukraine conflict.
Trump's Stance on Negotiations
Ceasefire First
Negotiation Terms
Trump's Stance on Negotiations
Potential for territorial discussions or land swaps, excluding Zelenskyy
Ceasefire First
Ukraine's inclusion in negotiations and agreement on any territorial concessions.
- Brent Crude Oil Futures
- $65.89 (up 0.40%)
- WTI Crude Oil Futures
- $62.87 (up 0.35%)
- Trump's Rating of Zelenskyy Call
- 10 out of 10
- Trump's Stance on Land Divisions
- Will not discuss territorial divisions
- Consequences for Russia (If no ceasefire)
- 'very severe consequences'
Sources
US oil output forecast to slide in 2026 as drilling slows
With Russian oil exports seeing disruptions in the global economy, India’s impact will be limited: Bank of Baroda
Oil steadies as Trump–Putin meeting looms over Ukraine conflict and sanctions
IEA lifts global oil supply forecast, signaling bigger surplus ahead
Crude oil futures rise ahead of Trump-Putin meeting