WTI crude oil prices remain pressured around $105.50, despite rising the most in 1.5 months the previous day, as fears surrounding demand slowdown weigh on the energy benchmark. It’s worth noting, however, that geopolitical headlines appear to limit the black gold’s downside. That said, the comments from a German Official suggesting the Group of Seven (G7) leaders’ preparedness for capping Russia's oil prices seem to recently weigh on the WTI. “Leaders of the Group of Seven rich democracies are having "very constructive" discussions on a possible cap on Russian oil imports, a German government official said on ... (full story)