Oil prices are rising before Trump's announcement of the new customs duties

Oil prices have stabilized to take a break after the rise over the past month, with customers ready to announce US President Donald Trump for new customs duties. Brent -ruol traded below the $ 75 per barrel after falling 0.4% on Tuesday, while the Ru -West -Texas remained more than $ 71. Trump is scheduled to announce mutual customs duties later on Wednesday to go on implementation immediately, according to his spokesman. Various proposals are traded on these scenes, including a graphic system with a multi -slide that includes fixed rates per country, as well as a more adapted plan known as ‘mutual fees’. The widespread actions remained on the table, even as the announcement date approaches. “After a strong increase last month, the market was combated,” said Chris Weston, head of the research department at the Bieber Stone Group in Melbourne. He added: “The players in the market are lowering their exposure, and they prepare them to enter ‘Tahrir Day’ with the least possible exposure to possible fluctuations, while realizing that the final response to the announcement of customs peak lights cannot be expected.” US fees, sanctions and data increase the complexity of the scene. The new US fees are threatening global growth prospects and is added to a brook of conflicting factors that have accumulated since Trump has held office. Fines can combat supplies of Russia and Iran, reducing concerns about the horizon over the abundance of this year. The production is expected to be increased by ‘OPEC+’ this month. In a related context, the United States can escalate its pressure on Russia. 50 Senate members of the Republican and Democratic Parties have submitted a draft law for sanctions aimed at Russia, the third largest oil producer in the world and the countries buying oil, if President Vladimir Putin refuses to enter into a good ceasefire negotiations with Ukraine, or an agreement that is later entered into. In another development, the American Petroleum Institute, a fund funded from the sector, reported that crude oil shares in the United States increased by a large amount of 6 million barrels last week, according to a “Bloomberg” document. The data showed that the storage levels in coastal, Oklahoma, which is the official delivery point for the “Western Texas” crude contracts, increased by 2.2 million barrels, which could form the largest increase since January 2023, if these numbers are confirmed later today in the upcoming official data.