It seems that oil market participants are still concentrating on demand and trade war instead of oil supply! According to Reuters, 51 market economists and analysts predicted that Brent crude (LCOc1) would average 65.01$ a barrel in 2019 which is 4% lower than previous month (67.4$). Demand also reformed from 1.4 million barrels to 1.3…
What do the Americans against Trump’s new tariffs on Chinese goods say? Last week Donald Trump, president of the United States, declared that tariffs on Chinese goods and products will be raised. Some of America’s businessmen warned that this rule will significantly face the America’s production section that is currently sluggish with new problems. America’s…
Donald Trump, US president, believed that #America has been losing hundreds of billions of dollars a year to #China, with no end in the continuous unfair trading relationship. #Trump declared that China should not put new #tariffs (5%~10%) on 75 billion dollars of US products and to retaliate this tariff, Trump ordered new rules as…
According to International Monetary Fund, #China ’s growth is threatened by trade war. IMF is urging 2 largest economies of the world to resolve the escalating war in a fair and quick way. CNBC reported a recent report published by the IMF executive board recommends “comprehensive” agreement on trade that avoids “undermining the international system,”.…
