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Oil ticks higher as traders assess Trump tariff threats, await inventory data - MarketWatch

1. Oil futures rise as market reacts to potential tariffs. 2. Trump threatens 10% tariffs on China, raising demand concerns. 3. U.S. crude stocks reported up by 1 million barrels last week. 4. Analysts expect a fall in commercial crude inventories. 5. Sanctions on Russia continue, affecting global oil supply outlook.

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FAQ

Why Neutral?

The tariff threats cause uncertainty, impacting oil demand and supply. Similar situations resulted in fluctuating oil prices before.

How important is it?

Tariff implications directly involve oil imports, affecting market stability.

Why Short Term?

Tariff discussions may quickly affect demand but are less likely to influence long-term trends.

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