Oil is nearing its biggest weekly loss this year as demand and trade-war woes combine in a 'recipe for disaster'

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Rising American crude inventories, weak demand from refineries, and US-China trade war fears are a "recipe for disaster in oil markets," one analyst said. Disappointing US manufacturing data have also fueled concerns of weaker global demand for oil.

from Google Alert - Business http://bit.ly/2YOrwmZ
Rising American crude inventories, weak demand from refineries, and US-China trade war fears are a "recipe for disaster in oil markets," one analyst said. Disappointing US manufacturing data have also fueled concerns of weaker global demand for oil. https://ift.tt/eA8V8J

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