Mumbai, Dec. 9 -- WTI crude oil futures drifted below $59 on Tuesday as the market reassessed the evolving trajectory of proposed Russia-Ukraine peace negotiations, a development that could meaningfully alter medium-term supply dynamics. The dollar index hovered near 99 in a subdued range as traders positioned cautiously ahead of the Federal Reserve's December 10 announcement, where a 25-basis-point rate cut is largely priced in even as expectations for aggressive 2026 easing have moderated. Domestic benchmarks reflected a sharper pullback, with MCX December crude oil futures sliding to Rs.5298 per 10 grams, underscoring more pronounced downside intensity relative to global markets. Investors now turn their attention to the forthcoming EIA ...