<ul><li>Oil prices stabilized after initial drop, with focus on Ukraine talks and US credit rating downgrade.</li><li>Brent fell by 1.1% to below $65 a barrel before recovering, while West Texas Intermediate traded near $62.</li><li>US President Donald Trump and Vladimir Putin are expected to speak, amid concerns of the ongoing conflict.</li><li>Moody's Ratings downgraded the US government's credit rating, raising worries about global growth and the US economy.</li></ul>

Oil Steadies After Early Drop With Ukraine, US Outlook In Focus

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