Oil steady as markets await clarity on tariffs by Trump on Canada, Mexico

 

Oil prices were little changed in early trading on Thursday, as markets watched for tariffs by U.S. President Donald Trump on Mexico and Canada, the two largest suppliers of crude oil to United States.

Brent crude futures rose 7 cents, or 0.1%, at $76.71 a barrel by 0122 GMT. U.S. crude futures climbed 17 cents, or 0.2%, to $72.79. U.S. crude futures had settled at their lowest price this year on Wednesday.