💨 Abstract

Oil prices rose on Tuesday due to Middle East instability and China's economic stimulus plans, but gains were limited by global growth concerns, US tariffs, and uncertainty over Ukraine ceasefire talks. China's retail sales and fixed asset investment grew faster than expected, and the country's crude oil throughput increased. However, factory output fell, and the urban jobless rate reached a two-year high.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖