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Oil subdued as markets assess effects of trade war
short by / on Wednesday, 16 April, 2025
Oil prices were flat early on Wednesday, as shifting US trade policies fuelled uncertainty while markets assessed the potential impact of the US-China trade war on economic growth and energy demand. Brent was up 0.1% to $64.72, WTI gained 0.1% to $61.36 after both fell 0.3% on Tuesday.