💨 Abstract

Oil prices remained stable on Tuesday due to global growth concerns, US tariffs, and Russia-Ukraine ceasefire talks counterbalancing increased instability in the Middle East. The positive Chinese economic data was offset by a falling factory output and rising unemployment rate. US President Trump's promise to continue the assault on Yemen's Houthis and peace talks between Trump and Putin about ending the Ukraine war are key factors affecting prices.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖