Reported about 15 hours ago
Oil prices rose by 1% following encouraging manufacturing data from China, signaling potential growth in fuel demand amidst ongoing concerns about US tariffs. Brent crude climbed to $73.57 per barrel, while West Texas Intermediate reached $70.51. Analysts believe the data suggests improved economic activity in China; however, uncertainties around US tariffs may impact the outlook. Furthermore, European leaders demonstrated support for Ukraine amidst geopolitical tensions.
Source: YAHOO