Oil prices held around two-month lows on Wednesday as a potential peace deal between Russia and Ukraine continued to weigh on prices while lower US crude stockpiles provided some support.
Brent crude rose 16 cents, or 0.2 per cent, to $73.18 a barrel by 0926 GMT. US West Texas Intermediate crude oil futures were up 20 cents, or 0.3 per cent, at $69.13.
Prospects for a peace deal between Russia
