• 24 hours The Federal Reserve and Money...Aspects which are not widely known
  • 8 minutes How Far Have We Really Gotten With Alternative Energy
  • 12 minutes  What Russia has reached over three months diplomatic and military pressure on West ?
  • 1 hour GREEN NEW DEAL = BLIZZARD OF LIES
  • 2 days Coincidence of EIA Report Delay? - "I had seen it delayed minutes, and a couple of times a few hours, but don’t recall something like this — do others?" asks Javier Blas
  • 7 days "And this is perhaps the most dangerous kind of government there can be."
  • 1 hour European Parliament Members, Cristian Terhes et al, push back against Totalitarian Digital ID and Carbon Tyranny in Europe.
  • 3 days Demonising fossil fuels has caused major grid problem in Australia
  • 2 days "...too many politicians believe things that aren’t true." says Robert Rapier
  • 3 days Oil Stocks, Market Direction, Bitcoin, Minerals, Gold, Silver - Technical Trading <--- Chris Vermeulen & Gareth Soloway weigh in
  • 2 days Welcome to Technocracy - The New World Energy Order... "1000s Of Sydney Homes Plunged Into Darkness As Aussie 'Price Cap' Policy Sparks Energy Shortage"
  • 4 days "How to Calculate Your Individual ESG Score to ensure that your Digital ID 'benefits' and money are accessible"
  • 329 days Beware the Left's 'Degrowth' Movement (i.e. why Covid-19 is Good)
  • 6 days ESG Topic - "German Police Raid Deutsche Bank, DWS Over Allegations Of Greenwashing" - ZeroHedge Bloomberg and others
Editorial Dept

Editorial Dept

More Info

Another Trade War Threat Emerges

What Does Hong Kong Have To Do With Oil Prices?

Nothing moves oil up or down right now like the U.S.-China trade war, and what is happening in Hong Kong will likely reverberate on this most economically devastating playing field. The major spike in tensions in Hong Kong this week should be high on the oil investor radar. By mid-Tuesday, police had arrested nearly 300 people in massively intensifying protests, and they spared no-one, whether they were 12 or in their 80s. While this is all going down, Trump is making sure that the Hong Kong Human Rights and Democracy Act doesn’t see the light of day. This bill - already approved by the Senate Foreign Relations Committee - would lead to sanctions against those in Beijing responsible for the Hong Kong crackdown. It’s been stopped in Congress precisely because its passage would put the nix on any trade deal between the U.S. and China. So right now, the Hong Kong protests are being completely hijacked by the trade war, which is also devastating Hong Kong. The bill represents an area well beyond the trade war where Trump isn’t comfortable playing. If Hong Kong’s protests get much more out of hand and someone is forced into action, a U.S.-China trade deal will almost certainly be taken off the table, and we’ll see the oil price needle move more dramatically.  On Tuesday, investors were disappointed, and oil prices dropped Wednesday again after Trump noted that he was close to finalizing a trade…




EXXON Mobil -0.35
Open57.81 Trading Vol.6.96M Previous Vol.241.7B
BUY 57.15
Sell 57.00
Oilprice - The No. 1 Source for Oil & Energy News