Latest Oil Market News and Analysis for Sept. 17

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Oil pared a second weekly gain as renewed calls by US President Donald Trump for lower prices to pressure Moscow to end the war in Ukraine weighed against renewed attacks on Russian energy infrastructure.
West Texas Intermediate traded below $64 a barrel after losing 0.8% in the previous session while Brent closed above $67. Trump said the war would end “if the price of oil comes down,” a sign of his preferred strategy to halt the flow of petrodollars that fund Russia’s war effort. He also repeatedBloomberg Terminal calls for countries to stop buying oil from the OPEC+ member.