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Reuters

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Business & Economics

Oil prices rise on weak dollar, but concerns over tariff impact cap gains

Reuters
Summary
Nutrition label

79% Informative

Brent futures rose 27 cents , or 0.39% , to $ 69.83 a barrel at 0110 GMT on Wednesday .

U.S. West Texas Intermediate crude futures gained 29 cents to $ 66.54 a barrel.

The dollar index fell 0.5% to fresh 2025 lows on Tuesday , making crude less expensive for buyers holding other currencies.

Fears of a slowdown and impact of tariffs on global economic growth capped gains.

VR Score

90

Informative language

98

Neutral language

39

Article tone

formal

Language

English

Language complexity

49

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

External references

no external sources

Source diversity

no sources

Affiliate links

no affiliate links