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Half the battle in global oil market dominance

Published by Vanguard on Sun, 21 Jul 2019


In the last one week it was the usual interplay of the forces of bulls and bears in the global oil market. Tensions in the Middle East continued to weigh on oil futures. The United States benchmark, West Texas Intermediate, WTI traded down by US$1.70 (-2.85 percent) at US$57.88 last Tuesday after reports that the US Secretary of State Mike Pompeo announced that Iran was ready to negotiate on its missile program.Continue reading Half the battle in global oil market dominance at Vanguard News.
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