Bloomberg conveying thoughts for Janet Kong, head of BP's trading business in Asia
- Any spike on the loss of Iranian supply due to U.S. sanctions probably won't be sustainable in the long run
- Because of the negative impact on demand from a trade war between the US and China
- Which has not yet been priced into crude
"The market is very fixated on the loss of barrels on the supply side"
"The market has overlooked the results of the U.S.-China trade war, how that might impact the global economy, China's growth and the regional economy in Asia"
