20 Nov 2019 NEW YORK - Oil prices tumbled Tuesday as lingering questions over the US- China trade talks weighed on sentiment on a mixed day for global 16 Jan 2020 Since, on one side, the increase in oil prices as the result of the trade deal would benefit the Iranian oil industry like all others, but on the other 20 Jan 2020 That over-supply is capping domestic crude and natural gas prices and hurting their bottom lines. AD. AD. Back 15 Jan 2020 SINGAPORE (Reuters) - Oil prices slipped on Wednesday on concerns that the pending Phase 1 trade deal between the United States and Given the strong correlation between global crude demand and GDP, the US- China trade war has the potential to weigh heavily on crude oil prices, with 20 Dec 2019 Oil prices hold near three-month highs on US-China trade deal progress. Brent futures rose 2 cents, or 0.03%, to 66.56 a barrel by 0145 GMT,
10 Dec 2019 Oil prices inched up on Tuesday as OPEC's deal with associated producers last week to deepen output cuts in 2020 continued to provide a 14 Jan 2020 Phil Flynn, an analyst at Price Futures Group in Chicago, said prices pared early losses on “optimism surrounding the U.S.-China trade deal and 14 Jan 2020 Oil prices have steadied after recent declines, over expectations of a reduction in US inventories and the signing of a trade deal between the
16 Jan 2020 Crude-oil prices were supported by the signing of the trade deal with Beijing that “could mean more U.S. oil headed for China, in addition to the 10 Dec 2019 Crude oil prices were up early Tuesday supported by a top U.S. official's comments on positive trade talks between the U.S. and China on 15 Jan 2020 Crude oil prices continue under pressure despite the risk appetite optimism generated by the long-awaited approach of an interim trade deal 14 Jan 2020 2, which sent oil prices to a four-month high, said Harry Tchilinguirian, global oil strategist at BNP Paribas in London. “As geopolitical tensions
For 2019, demand growth is seen to slow down to around 1.24 million bpd, according to OPEC, which cites trade concerns as an uncertainty impacting oil demand growth this year. A U.S.-China trade deal could raise gasoline prices but it could ultimately be the key driver of continued healthy global economic growth. Oil prices weakened on Monday after new import tariffs imposed by the United States and China came into force, raising concerns about a further hit to global economic growth and demand for crude.
20 Nov 2019 NEW YORK - Oil prices tumbled Tuesday as lingering questions over the US- China trade talks weighed on sentiment on a mixed day for global