Oil rising slightly with a reassured market in customs duties

Oil prices edge higher on optimism over Trump’s tariffs – Oil & Gas 360

(Investing) – Oil prices rose Monday on optimism new tariff announcements from U.S. President Donald Trump will not be as severe as first feared. At 08:55 ET (12:55 GMT), Brent Oil Futures expiring in May rose 0.4% to $71.86 per barrel, while West Texas Intermediate (WTI) crude futures gained 0.4% to $68.55 per barrel. Both benchmarks settled higher on Friday and recorded a second consecutive weekly gain as fresh U.S. sanctions on Iran and the la

Oil rising slightly with a reassured market in customs duties Admin FCE 24 Mar 2025 - 11:51 Oil prices are rising weakly on Monday, after a period of high uncertainty since Donald Trump's election to the White House, the market seems to see clearer about the tariffs that could be reduced compared to what was expected."S Speculators are putting money back on the market," says Bjarne Schieldrop, SEB analyst, because the initial panic movement trig…

Market report: Hopes of more targeted tariffs help boost investor sentiment

Susannah Streeter FTSE 100 rises in early trade amid hopes looming US tariffs will be more focused. Oil prices gain some ground as talks set to get underway between Russian and US officials over Ukraine. US markets set for a steady start to the week with optimism increasing about targeted trade policy. Risks remain for severe duties with hearing due at International Trade Commission on big duties on Chinese manufactured ships docking at US port…