For oil prices, the real risk is that Trump’s trade reforms will reduce oil demand when OPEC and its non-OPEC oil-producing countries may begin to increase production to balance market demand. Bank of America Merrill Lynch recently stated in a report that

This is the second round of sanctions announced by the United States on Iran within a week. US President Trump announced on the 8th of this month that the United States would withdraw from the Iran nuclear agreement and restart sanctions against Iran that

Take this months non-agricultural data as an illustration. Before the data was released, the market began to warm up on its expectations. After the data was released, the actual data was far greater than the predicted value, and crude oil prices began to

Calculated at current prices, the value of US crude oil exports to the United States is approximately $0 billion per month. Although U.S. crude oil products are not included in the list of 545 products subject to tariffs on July 6, once tariffs are actual

A few days ago, OPEC officials gathered in Kuwait to try to formulate a strategy before the June 22 meeting. Although OPEC officials did not disclose more details, they promised that healthy market conditions are needed to stimulate investment in the oil