💨 Abstract

Oil prices edged higher on Tuesday, helped by weakness in the dollar but capped by concerns over a U.S. slowdown and the impact of tariffs on global economic growth. Prices were influenced by Trump's tariff decisions on Canada and the threat of a U.S. recession. Investors await U.S. inflation data and OPEC+ supply plans. crude oil production is expected to set a larger record this year.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖