Oil steadied after falling more than 2% on Thursday as investors weighed the fallout from President Donald Trump’s tariffs and OPEC+ supply.
Brent held below $69 a barrel and West Texas Intermediate was near $67. The US president has continued his tariff threats, eyeing blanket levies of as much as 20% on most trading partners, and flagged a “major statement” on Russia without elaborating. He made the remarks in an interview with NBC News.