
Regardless of positive remarks from US and Chinese authorities, markets have not yet heard any affirmation on when the break economic alliance could be settled, marked and actualized. In the interim, time is running out for China with the following round of duty climbs planned to happen this end of the week. Any further acceleration or dragging out of the exchange war can keep raw petroleum costs under tension as it will keep request feeble in both the US and China. These countries are among the main purchasers of raw petroleum around the world.