There are certain assumptions about the all prices being slipped on this Tuesday but it turns out to be the truth of the economy and the trade war which is going on between the United States and China which is currently affecting the economic growth as well as the fuel demand with the possibility of every uncertainty in both the economies. A few weeks ago, the prices of gold and the other metals were down and which is declined in the market of the United States, and China is not a good indicator. The crude oil prices, which fell from 9 cents to 57.9 dollars, are rising now with 0.4% this week. There are certain slippery moments of the prices being fallen at a rate of 5, but when it comes to the top trade negotiators from both are Countries, there is still a call to be made from this deal and the trade war which is completely going on for the past 16 months. There is a great hope & aim in the oil traders that that rate will be established and signed by both the countries, benefiting the economies. The United States in China is moving closer to the agreement, and this will only be the first stage on the trade deal between both the countries that deal which has been stressed After 16 months is not finding a way to have a tariff rollback with economic growth being the key indicator, there is still hope between total countries to have an efficient deal in their markets which are standing powerful.
Tags : Oil prices, China , us,