US-China Trade War Shocker : Escalating Tensions May Jolt World Demand For Crude Oil

US sanctions on Iran will tighten global oil supplies sharply until the end of the year, but a threat to world demand looms in 2019 from the U.S.-China trade war, the head of BP’s oil trading in Asia. US sanctions on Iran will tighten global oil supplies sharply until the end of the year, but a threat to world demand looms in 2019 from the U.S.-China trade war.
The market fundamentals in the short term look very bullish and positive due to supply shocks, but over time, when supply catches up and the shock to demand becomes more evident, the market will go through another round of re-balancing next year. For More Information Please Visit : www.dollaradvisory.com and Call : +91 9111-179961