Fitch says protectionists US trade policies now materially affecting global growth outlook

Author: Greg Michalowski | Category: News

String of headlines from the rating agency on oil and US protectionists trade policies

Fitch is out with a string of headlines on various topics:
  • Iran, Venezuela and US shale output to drive oil prices
  • Oil demand is expected to remain strong in short-term, but is more uncertainty over next 2 to 3 years
  • US shale growth could help oil market revert to a more balanced state in 2019 with prices moderating
  • forecast that oil production declines in Iran and Venezuela may reach 2 million barrels per day or more
  • protectionists US trade policies have now reached the point where they are materially affecting global growth outlook
SORRY: "not materially affecting and "now materially affecting" is a material difference.  My bad. (changed "not" to "now" in headline).

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