💨 Abstract

Oil prices remained steady on Thursday, recovering slightly from a multi-year low, despite OPEC+ plans to raise output and trade tariffs between major producers and China. Prices were further affected by a larger than expected build in U.S. crude inventories and weakness in American oil demand. President Trump's trade measures could reduce global energy demand and disrupt trade flows in the global oil market.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖