Oil prices fall as US-Russia talks approach, European oil stocks decline.

Jin10 data reported on August 11, as oil prices fell ahead of talks between President Trump and President Putin, European oil stocks declined. Victoria Scholar, head of investment at Interactive Investor, wrote that the talks could ultimately lead to the termination of sanctions against Russian oil. On the London market, Shell’s stock price fell by 0.5%, BP fell by 0.45%; TotalEnergies in France fell by 0.4%, Repsol in Spain fell by 0.7%, and Portugal’s Galp Energy fell by 0.6%.