Oil prices were easing in early trade amid concerns about U.S. trade tariffs and an industry report showing a buildup in U.S. crude inventories.
Brent crude was down 0.4% to $75.74 a barrel, while WTI fell 0.3% to $71.89 a barrel.
U.S. President Donald Trump said he is considering tariffs of 25% or more on automobiles, semiconductors and pharmaceutical products—a move that traders fear could hurt the global economy and reduce fuel demand.