WTI, Futures, Oil, Oil Trading, US, China, Trade War, Inventories, Crude
U.S. West Texas Intermediate crude oil futures are in a position to finish flat for the week. The price action was driven this week by two-sided news about the progress of U.S.-China trade relations, and renewed worries over demand, driven by reports from OPEC and the Energy Information Agency. This week’s government inventories report was also bearish, however, the focus didn’t seem to be about supply this week, but rather future demand growth due to the impact of the on-going trade war on the global economy. Читать дальше...