Oil Prices Flat As OPEC+ Starts Easing Production Cuts

Oil prices inched down slightly on Tuesday morning as OPEC+ begins adding supply from April 1, amid U.S. threats of secondary tariffs on buyers of Russian and Iranian oil and persistent concerns about U.S. tariffs weakening economic growth. As of 8:40 a.m. EDT on Tuesday, the front-month futures of the U.S. benchmark, WTI Crude, were trading down 0.07% at $71.43. Brent Crude, the international benchmark, was down by 0.08% at $74.65. On Monday, oil jumped by $2 per barrel from Friday’s close - to a five-week high - after U.S. President Donald…