Oil steady as India buys Russian crude, Ukraine attacks Russian energy

• Oil prices steadied, influenced by India's buying of Russian crude and Ukrainian attacks on Russia's energy infrastructure.
• Brent crude traded below $64 a barrel, and West Texas Intermediate was near $60.
• Russian President Putin promised "uninterrupted shipments of fuel" to India, a key point for US trade talks in the country.
• Ukraine attacked Russian energy infrastructure, including the CPC terminal, which boosted physical crude prices.
• Concerns about a global oversupply from OPEC+ and other producers are expected to outweigh tepid demand, with analysts predicting Brent to fall to $60 by 2026.

Why It Matters: Geopolitics and India's energy deals are shaping global oil prices.