Oil prices were little changed on Wednesday, after falling in the previous session, as the market awaits massive new U.S. tariffs on India, the world's third-largest crude consumer, in response to its purchases of Russian supply.

The OECD reported on Tuesday that G20 countries’ international goods trade rose slightly in the second quarter of 2025, mainly because imports into the United States fell sharply after rising in the first quarter.

Malaysia has contingency plans in place to remain competitive in European markets as it works to avoid being classified as a "standard risk" country under the European Union's new deforestation rules, the commodities ministry said on Tuesday.

China’s industrial companies saw their profits fall at a slower pace in July, in a potential sign that efforts to curb overcapacity are starting to ease the strain from aggressive competition among producers.

Levies and restrictions could hit UK’s digital services tax and EU states such as France, Italy and Spain.

Earlier this month, Indian Prime Minister Narendra Modi made a promise.

The use of beef tallow for biodiesel production in Brazil is expected to rise amid a forecast increase in domestic sales aimed at boosting output of the biofuel.

Chinese imports account for over 40% of Vietnam’s total, with electronics, machinery, and textiles driving the surge.

US President Donald Trump’s unpredictable tariff policies have unsettled Asian trade, pushing many countries into side deals that risk fragmenting regional integration while offering little certainty.

Capstone analysts said they expect the government to expedite the investigation and apply tariffs “likely around 25%-50%” on turbines and components.