February 13, 2025 15:19 GMT
OIL: Crude Recovers and Dollar Weakens on More Positive Tariff Sentiment
OIL
That's confirmation of what Javers had been saying on air on CNBC, so effectively meaning the news conference today will not be an announcement on the immediate installation of reciprocal tariffs, which are to be time-delayed by ~six weeks and presumably mean there's space for negotiations.
-Less negative tariff sentiment appears to be contributing to crude recovery along with weaker dollar
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