All talks about future trade, oil priced in, oil price are driven by speculation from summer trips,... I'm not buying it! The oil cartel just wants to drive the oil price back to high again and justify it with their trade bullshit. We're fucked as this is the summer price. If back to fall/winter, coal along with natural gas will both be in demand. Oil can follow with mark-up price based on the baseline right now.

Despite the economy is in a shabby situation. China doesn't use as much oil as before, with no domestic tours in a country with a population of 1,4 billion. God, the oil cartel truly got everyone in their string.