Market News
Oil prices rise with equities, but tariff worries linger - REUTERS
Summary
- Economic concerns persist on US tariffs and monetary policy
- US-Iran nuclear talks could boost oil supply
- US oil stockpiles expected to have fallen last week, poll shows
LONDON, April 22 (Reuters) - Oil prices bounced back as equity markets mounted a recovery on Tuesday, though concerns persist over economic headwinds from tariffs and U.S. monetary policy that could dampen fuel demand.
Brent crude futures rose 80 cents, or 1.2%, to $67.06 a barrel by 1108 GMT. The U.S. West Texas Intermediate crude contract for May , which expires on Tuesday, was up $1.06, or 1.7%, at $64.14.
The more actively traded WTI June contract gained 86 cents, or 1.4%, to $63.27
