Trade Concerned For Slower Economic Activity - Archer Financial Services

Trade Concerned For Slower Economic Activity - Archer Financial Services

April Crude Oil is lower this am. The trade is concerned that slower economic activity will lower global oil consumption

Trade tensions have weighed on oil prices amid concerns that the global economy could see slower growth, higher inflation and consequently weaker demand growth. This could delay the next interest rate cuts by central banks. Meanwhile, rising uncertainty in the oil market has led to extreme price volatility and traders have cut their long positions in oil futures. In addition, the oil market is facing