Oil Steadies at End of Turbulent Week as Focus Shifts to Tariffs

Oil prices stabilized on Thursday, capping off a volatile week marked by geopolitical tensions and shifting economic signals. After days of sharp swings triggered by Middle East developments and mixed economic data from major economies, market attention has now pivoted toward global trade policies—particularly the outlook on tariffs. Brent crude hovered near $85 per barrel, while West Texas Intermediate (WTI) held steady around $81. Analysts say investor sentiment is being shaped by uncertainty over potential U.S. and Chinese tariff adjustments, which could impact global oil demand. Earlier in the week, oil markets were rattled by renewed fears of supply disruption following U.S. military activity in the Gulf region. However, those concerns eased slightly as diplomatic efforts resumed and no major infrastructure damage was reported. With traders now watching for signals from upcoming trade talks and economic indicators, volatility may persist. For now, the stabilization suggests a temporary pause as markets digest the week’s developments and reassess future risks.

NEWS