Commodities
Oil Steadies at Start of Week as Market Weighs Trump’s Tariffs
This article is for subscribers only.
Oil was steady at the start of the week as traders weighed the fallout from more US tariffs and an upcoming boost in OPEC+ supply.
Brent traded above $72 a barrel after rising 2.2% last week, while West Texas Intermediate was near $68. Donald Trump’s wave of so-called reciprocal levies on April 2 are set to be more targeted, according to aides, rather than the barrage the US president has occasionally threatened.