Anything to try and keep oil prices up, eh?

  • Those fears are negatively impacting the oil market
  • Global oil demand is currently acceptable, should improve in the coming months

With markets still being cautious amid ongoing US-China trade tensions and focus on the weakening global economic outlook, oil prices have been experiencing a tough time in recent weeks. And the start of today isn't any better with oil down by 1% to $53.85 currently.