Crude Price Rally On US-China Trade Deal To Be Limited

  • 12 Mar 2019
  • By Vanda Insights
  • Topics: Energy

Benchmark crude futures averaged 7% higher in February compared with January, continuing to be buoyed by growing optimism over a US-China trade deal. However, by early March, the rally had stalled.

The path to a trade agreement has been tough and the negotiating teams have been working through major hurdles right into the final stages, especially around the structural changes Washington has demanded of Beijing and the implementation mechanism. However, the deal looks certain and as we wrote this report, was expected to be signed by presidents Donald Trump and Xi Jinping on March 27.

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Vanda Insights is a Singapore-based provider of macro-analysis on the global oil markets offering publications, bespoke research reports and corporate briefings. Its mission is to apply expert analysis to all the critical news, data, sentiment and trends in the oil markets and provide you actionable intelligence in the most concise, logical and straightforward manner. We spend time studying and explaining the markets so that you can act and profit from the right business decisions.

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Vandana Hari has 22 years of experience providing intelligence on the energy commodities markets. Before launching Vanda Insights in 2016, she was Asia Editorial Director with S&P Global Platts, a leading provider of energy and metals commodities news, pricing and analytical services to the global markets. She has experience covering and managing crude and refined product price assessments, news, analysis and research. Her expert opinions are featured in the international as well as Asian print media and she is a regular commentator on TV and radio channels including Bloomberg, CNBC, BBC, Singapore's Channel News Asia, as well as BTVi, CNBC TV18 and ETNow in India.

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