💨 Abstract
Oil prices were stable in Asian trading on Tuesday as investors considered President Donald Trump's delayed tariff plans and increased US oil production. Brent crude fell slightly, while West Texas Intermediate dipped. Trump's potential tariffs on Mexico and Canada, along with a possible surge in US production, could impact oil markets. Trump also announced plans to boost US energy production and might halt oil purchases from Venezuela, affecting global supply-demand dynamics.
Courtesy: theprint.in
Summarized by Einstein Beta 🤖
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