Oil prices stabilized as attention shifted to the prospects for US economic growth following the Federal Reserve's decision to keep interest rates unchanged. Demand for fuel remained strong, supporting prices. Brent crude was steady around $71 per barrel, while West Texas Intermediate was above $67. Federal Reserve Chairman Jerome Powell acknowledged the uncertain impact of President Donald Trump's policy changes, such as trade tariffs, and revised growth forecasts downward for the year, while increasing estimates for inflation. Gasoline inventories in the US dropped to their lowest level of the year, easing concerns about consumption, while distillate stocks also decreased. Despite a slight increase in crude stockpiles, levels at Cushing, Oklahoma, declined. Oil prices were still below the peak in January due to factors pressuring prices downward, including the trade war affecting energy demand and OPEC intending to increase output from April, further weakening global balances.