OPEC+
Primary market dollar issuance shows promise despite recent quietness in the GCC region
Trump's tariffs have raised fears of a potential recession in the global economy this year
U.S. WTI crude gained 41 cents, reaching $63.43
Brent is on track for a 2 percent weekly fall while WTI crude is set to decline 2.9 percent for the week
Markets remained nervous about aggressive U.S. tariffs and the ongoing trade war with China
Both benchmarks are on track for their first weekly rise in three weeks after recording their highest levels since April 3 on Wednesday
U.S. West Texas Intermediate crude fell by 16 cents, also down 0.3 percent, to $61.17
The IEA revised global oil demand up by 730,000 bpd, down from 1.03 million
Trump is considering changes to the 25 percent tariffs on foreign auto imports from various regions
Brent is set to fall 4 percent this week, while WTI is set to decline 3.8 percent
Following the tariff pause for most countries, oil prices settled 4 percent higher on Wednesday
