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US oil prices remain steady around $69 per barrel amid economic concerns, including a dip in consumer confidence and global trade tensions.
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Oil prices stabilize after a decline, influenced by US economic signals, trade tensions, and Iran talks. Brent crude sees its largest monthly drop since 2022, with market indicators suggesting a tightening oil market.
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Oil prices remain stable due to positive US-China trade talks and geopolitical factors, with Brent crude at $65 and WTI near $63.
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Oil prices stabilize amid easing US inflation, with WTI crude trading just under $68 per barrel. Production adjustments are key in maintaining market balance.
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Oil prices hold gains after a rally, influenced by US-China trade easing and Iran tensions. Brent crude trades near $66, with WTI above $63. Rising US crude inventories add market volatility.
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April sees a record decline in oil prices due to trade wars, OPEC+ supply adjustments, and rising US crude stockpiles, impacting global economic stability.
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In Q1 2025, the North American Toluene Diisocyanate (TDI) market displayed a bullish price trend, primarily driven by supply-side constraints and steady downstream demand. The quarter began with stable TDI production and improving business confidence amid a modest expansion in U.S. manufacturing. Although upstream crude oil prices fell initially, easing feedstock Toluene costs, production costs remained influenced by evolving trade policies and geopolitical factors. In the mid-quarter, the Arctic Blast disrupted production, and port congestion—particularly in New York and New Jersey—hampered logistics.
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Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automatically
US oil prices remain steady around $69 per barrel amid economic concerns, including a dip in consumer confidence and global trade tensions.