19-Feb-2025
WTI crude oil futures inched up further on Wednesday morning in Asia amid the fears of supply disruptions in Russia after Ukrainian drones attacked a major Russian pipeline's pumping station, disrupting Kazakhstan's crude exports. Meanwhile, developments surrounding further tariff policies from US President Donald Trump and concerns over a potential global trade war could limit gains for commodity. Last week, US President Donald Trump ordered his administration to consider imposing reciprocal tariffs on numerous trading partners. Currently, the counter is quoting at $71.86 per barrel, up 0.04% on the day.
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