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Oil Prices Stabilize on Tariff Exemptions and China Imports ...Middle East
Crude oil prices stabilized today, even regaining some lost ground earlier in the day as President Trump indicated he was open to more tariff exemptions and as China’s imports of crude hit the highest in 20 months in March. At the time of writing, Brent crude was trading at just over $65 per barrel, with West Texas Intermediate at $61.71 per barrel, after on Friday the Trump administration announced a tariff exemption for certain electronics and semiconductors. Optimism wavered this week, however, as Washington launched investigations into…
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