The oil market is «digesting» Trump's statements on the EU and Russia

Oil prices showed mixed dynamics on Monday, fluctuating in the range of $63.90-64.70 per barrel. 

Some support for prices was provided by Donald Trump's decision to postpone the introduction of tariffs on imports from the EU until July 9. This has reduced concerns about a possible drop in fuel demand. An additional positive factor was Trump's statement about possible sanctions against Russia in the context of the conflict in Ukraine.

At the same time, price growth is being held back by expectations of an increase in production from OPEC+. Moreover, today's trading volumes are limited due to the Memorial Day holiday in the United States. 

The current Brent quote is $64.03. WTI oil is trading near $61.40 per barrel.