Oil Prices Stabilize After Notable Two-Week Gain Amid Tariff Concerns

Reported 1 day ago

Oil prices have stabilized following the largest increase in nearly two weeks as traders evaluate the potential impact of President Trump's impending tariffs on imports from Canada, Mexico, and China. West Texas Intermediate is trading close to $74 per barrel after a nearly 1% rise, while Brent remains above $77. Concerns over stockpile increases and geopolitical developments, including Russian oil shipments to India, continue to influence market dynamics.

Source: YAHOO

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