Oil Steadies With Dollar Strength in Focus After Trump Shooting.

Oil prices remained steady after an assassination attempt on former US President Donald Trump and the start of China's Third Plenum. Brent crude traded near $85 a barrel, while West Texas Intermediate was above $82. The attack injected uncertainty into the presidential race, and the strength of the dollar posed a challenge for commodities priced off it, including oil. Despite concerns over China's shrinking demand for commodities, oil prices have been supported by OPEC+'s output curbs and stronger fuel demand. Timespreads indicate robust near-term demand for oil. [Extracted from the article]