Oil prices rose on Tuesday as investors eyed OPEC+ discussions on output and weighed the potential impact of U.S. President-elect Donald Trump's planned trade tariffs on Mexico and Canada. Brent crude futures were up 66 cents,

Canada’s oil industry stressed the economic and security benefits of its exports to the US, while also using President Elect Donald Trump’s threat to impose tariffs on the country’s goods as a chance to criticize Prime Minister Justin Trudeau.

China, Canada and Mexico hit back at Trump’s plan to impose higher tariffs amid warnings over impact on American consumers. Canadian PM questioned on Trump's tariff plans 19:32 Canadian prime minister Justin Trudeau is discussing the United States’ proposed tariffs with the leader of the opposition,