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Reuters

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Business & Economics

Oil ticks higher as investors weigh new US tariffs

Reuters
Summary
Nutrition label

75% Informative

Brent crude futures climbed 40 cents , or 0.5% , to $ 75.06 a barrel by 0133 GMT while U.S. West Texas Intermediate crude was at $ 71.38 a barrel.

Trump said he will announce on Monday 25% tariffs on all steel and aluminium imports.

The market posted its third consecutive weekly decline on concerns about a global trade war.

VR Score

86

Informative language

92

Neutral language

45

Article tone

formal

Language

English

Language complexity

51

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

External references

no external sources

Source diversity

no sources

Affiliate links

no affiliate links