The oil price received a surprise boost in yesterday’s trading session climbing around 4 percent after the decision by US President Donald Trump to delay introducing more tariffs on Chinese goods held out hope that a compromise in the ongoing trade wars was still a possibility.

After the news that the U.S had decided to postpone tariffs on some Chinese goods, China announced that the two sides will hold new talks in two weeks to try and get the trade deal back o track which sent the oil price surging.

“Some of the pessimism about oil demand and the trade war is being washed out of the market by these announcements,” said Michael Lynch, president of Strategic Energy & Economic Research in Winchester, Massachusetts.

The breakdown in trade talks has brought nothing but pain for the oil price as analysts believe that the issue will hit overall global growth so any return to the negotiating table was always going to boost the price.

“The possibility that the United States and China can get the trade talks on track ... is raising hopes that they might actually get some type of deal,” said Phil Flynn, analyst at Price Futures Group in Chicago.

“That’s why we are seeing this big rebound in prices,” Flynn added.

Tuesday marked the fourth straight day of gains for oil,helped along by Saudi Arabia’s discussion other OPEC producers about what additional steps the group could take to stop the slide in the oil price which is starting to take its toll on the Saudi Arabian economy as the country relies so much on the current price.

There is also the much anticipated public listing of its crown jewel, Saudi Aramco. Aramco’s valuation, which The Kingdom believes is $2 trillion, in reality is decided by the market and based on the current oil prices.

المواد المنشورة في في هذه الصفحة تم إنتاجها من قبل شركات فيبو جروب، ولا ينبغي اعتباره كتقديم المشورة في مجال الاستثمار بهدف التوجيه رقم 2004/39/EC. علاوة على ذلك لم يتم إعدادها وفقا للمتطلبات القانونية لهدف تعزيز استقلال أبحاث الاستثمار ولا يخضع إلى أي حظر على التعامل قبل نشر أبحاث الاستثمار.

Analyst

عالم التداول ليس له اي حدود

التجارة على CFD والتي هي صكوك صعبة, مرتبطة بمخاطر الفقدان السريع للأموال بسبب الرافعة المالية. نسبة 58% من المستثمرين يخسرون اموالهم اثناء التداول على CFD. عليك ان تأخذ بعين الأعتبار خطر امكانية فقدان جميع اموال الأستثمار في حال عدم دراسة كيفية التداول بالعقود على فرق الأسعار  

IMPORTANT: Please be informed, that our services are available for Professional Clients only. Our website is currently under review for the implementation of the correspondent amendments.

ملاحظة هامة
بالنقر على "متابعة" سيتم توجيهك إلى موقع تديرها شركة فيبو جروب، ليميتد مسجلة في جزر فيرجن البريطانية والتي ينظمها منتدى التعاون الأمني. يمكنك التعرف على شروط اتفاقية العميل بالانتقال وفق هدا الرابط. انقر على زر "إلغاء" لتبقى على هذه الصفحة.