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Oil prices shake off tariff worries to rise after 3 straight weekly declines - MarketWatch

1. Oil futures rebounded after three weeks of declines, reaching new annual lows. 2. Worries about tariffs from Trump may impact oil demand amid rising U.S. inventories. 3. Inflation concerns lead investors to seek oil as a hedge against economic uncertainty. 4. Geopolitical tensions significantly influence crude oil price fluctuations. 5. Trade policy tightening raises fears of decreased global economic growth.

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FAQ

Why Neutral?

Recent tariff announcements create uncertainty but oil remains a hedge against inflation.

How important is it?

Tariff discussions could create volatility in oil markets, directly impacting CL00 pricing.

Why Short Term?

Immediate market reactions to tariffs can influence short-term oil prices but may stabilize later.

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