U.S.-China Trade Talks Reignite Oil Demand Optimism ...Middle East

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U.S.-China Trade Talks Reignite Oil Demand Optimism
source : OILPRICE ( Middle East ) () 88
Even before Israel attacked Iran, oil prices had been advancing this week, lifted by renewed optimism surrounding U.S.-China trade negotiations. Markets welcomed a more constructive tone between the two economic superpowers, with discussions in London reportedly progressing well. President Trump’s upbeat remarks added to the momentum, giving traders a reason to bet on improved global growth. As the U.S. and China represent the largest sources of oil demand globally, signs of easing tensions naturally encouraged buying across the energy complex.…

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