Oil Sector Going from Gloomy to Gloomier

Oh yes, I love this. The trade war between the US and China is responsible for low oil prices, Climate Change and of course high Cholesterol. Anything else that someone wants to pin onto the trade war? What a handy excuse it is. Except that – its bullcrap. The two biggest economies on Earth squaring off against each other would not mean much to oil if the global economies were healthy. But we have spent ourselves into a corner with more than a decade of Quantitative Easing and other “money printing” initiatives. We all have brought this upon us, and with every second we can feel economic misery breathing down our necks. There is no escaping reality – we rolled the dice and now we pay the price.

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