Oil stable as tariff news, China data balanced by demand outlook cuts


LONDON: Oil prices were broadly stable on Tuesday after new tariff exemptions floated by U.S. President Donald Trump and a rebound in China's oil imports were offset by the IEA following OPEC in cutting its oil demand forecast.

Brent crude futures were up 7 cents, or 0.1%, at $64.95 per barrel by 0813 GMT. U.S. West Texas Intermediate crude was also up 7 cents, or 0.1%, at $61.60.

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