Oil prices steady as Trump tariffs loom, US fuel demand rises

Oil prices held firm Thursday amid Trump's surprise 50% tariffs on Brazil and rising US gasoline demand. Brent crude rose to $70.27/bbl, while WTI hit $68.46. EIA data showed a 6% weekly jump in US gasoline use, though crude inventories rose unexpectedly. A weaker dollar also supported prices, despite showing 'extremely bearish' USO sentiment.