💨 Abstract

Oil prices increased by 2% on Wednesday due to tighter-than-expected U.S. oil and fuel inventories. However, concerns about a potential U.S. economic slowdown and tariffs impact on global growth kept investors cautious. Brent crude closed at $70.95 a barrel, while West Texas Intermediate crude was at $67.68.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖