<ul data-eligibleForWebStory="false"><li>Oil prices remained steady as global benchmark Brent hovered above $70 a barrel after gaining 3% last week, with West Texas Intermediate also above $68.</li><li>US equity-index futures dropped due to tariff threats by President Donald Trump on the European Union and Mexico, impacting risk appetite and energy demand outlook.</li><li>Investors are awaiting a 'major statement' from Trump on Russia, potentially addressing the war in Ukraine and US sanctions policy, while promising to send more weapons to Kyiv.</li><li>Oil futures are down over 5% this year amidst easing geopolitical tensions in the Middle East, trade war escalation, and OPEC+ easing supply curbs, creating concerns about a crude glut.</li></ul>

Oil Prices Steady As Investors Assess US Trade Threats And Russia Moves

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