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The market suspects economic risks amidst ongoing trade war
July 8, 2019
Source: Reuters

The market suspects economic risks amidst ongoing trade war

Oil prices on Monday struggled to remain stable amidst Sino-US trade war and its impact on the global economy. Brent slipped to $64.20 per barrel. WTI climbed up to $57.57 a barrel. The tumbling market received some support from improved US jobs data of the last week. Senior Market Analyst at ONADA said, "Geopolitical risks remain plentiful, but the start of the week could see Iran worries ease".

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