Pakistan, March 12 -- Oil prices saw a slight increase on Wednesday morning in the international market, supported by a weaker dollar. However, concerns over a potential US economic slowdown and the impact of tariffs on global growth tempered the gains.
Brent crude futures edged up by 27 cents (0.39%) to $69.83 per barrel at 0110 GMT, while US West Texas Intermediate (WTI) crude rose by 29 cents (0.44%) to $66.54 per barrel.
Despite economic uncertainty, oil prices remained stable, reflecting strong short-term demand for crude, according to Daniel Hynes, senior commodity strategist at ANZ.
The dollar index (.DXY) dropped 0.5% on Tuesday to fresh 2025 lows, making oil cheaper for buyers using other currencies and providing support to cr...
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