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NOTHING IS PERMANENT EXCEPT CHANGE

  • Saudi Arabia's oil production jumped by nearly 500,000 barrels per day in June as it aims to put more supply into the market to tame the cost of crude.
  • Output from OPEC was up 173,000 bpd as the 15-member producer group prepares to lift production caps in place since 2017.
  • OPEC forecast that global oil demand will cross 100 million bpd for the first time in 2019, but warned trade tensions could negatively impact the market.

OTHER NEWS

PS: CHỈ CÒN THIẾU 1 CUỘC CHIẾN NỮA : CURRENCY WAR (HAY CÒN GỌI LÀ ” THAO TÚNG TIỀN TỆ”)! While running for president, Donald Trump repeatedly emphasized the importance of reducing the U.S. trade deficit with China, which he labeled a currency manipulator. The Trump administration has not applied the currency manipulation label to […]

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PS: NHÌN FED + TRADE WAR SẼ BIẾT!

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