“Amidst the higher trade tariffs, we can expect China’s GDP to drop below 6% next year. Concurrently, both Germany and Japan may suffer technical recessions across the turn of the year. As for the US economy, we can expect growth to ease from 2.5% this year to about 1.3% next year. Overall, this global synchronized slowdown will reduce crude oil demand and likely weigh on energy prices”.
crude oil price history
Crude Oil Markets Forecast – Below $52 Sell 500 – 1000 Lots And Relaxx – Neal Bhai Reports
Crude Oil Markets Forecast – Below $52 Sell 500 – 1000 Lots And Relaxx – Neal Bhai Reports