Commenting on the oil market response to the escalation of the US-China trade conflict, as reported in MarketWatch, Mihir Kapadia, CEO of Sun Global Investments said:

“The oil markets have been increasingly weighed down in recent weeks by the prospect of further trade dispute escalation, has only served to further obscure demand outlook. Support for oil prices could come from potential supply cuts from the approaching US sanctions on Iran, but until then analysts will be following developments in the markets closely.

His comment was featured in MarketWatch.

Latest Update: Nov 08, 2020