Oil Steadies With Focus on Tariff Moves, US-Iran Negotiations

Oil Slips as IEA Cuts Demand Forecast and Warns of Surplus

Oil edged lower following Monday’s tepid session, with traders monitoring the latest US moves in the tariff war and fresh warnings from the International Energy Age…

Oil Steadies With Focus on Tariff Moves, US-Iran Negotiations

Oil rose after a tepid session on Monday, with traders monitoring the latest US moves in the trade war and the prospect of looser restrictions on Iranian crude.

Oil steady as investors weigh tariff impact on global demand – Oil & Gas 360

(Investing) – HOUSTON  – Oil prices held steady on Monday as exemptions for some electronics goods from U.S. tariffs and data showing a sharp rebound in China’s crude imports in March, were outweighed by concerns that the trade war could weaken global economic growth and dent fuel demand. Brent crude futures were flat at $64.76 at 11:19 a.m. ET (1519 GMT). U.S. West Texas Intermediate crude were down 13 cents, or 0.2%, at $61.37. “The OPEC cuttin