Crude oil is back in green, trading 1.19 percent higher after the price plunged nearly 5.7 percent yesterday. Clearly, bargain hunters are back in town. However, it is on track to record the worst week of the year (as shown in the chart below), and this is due to the increase in trade war tensions between the US and China. Investors are concerned that the dispute is going to leave a major dent on the oil demand, after all, we are talking about the two biggest economies of the world. If the business cycle starts to slow down, it is going to have a huge impact on oil demand and the fact is that the spillover effect of ... (full story)