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SZO - The Oil Market Looks Far Better Than You Think It Does
DB Crude Oil Short ETN
Due to economic fears centered around the fallout of the Trump Administration's trade wars (particularly with China), one might think that there is little for an oil bull to celebrate. If current geopolitical tensions continue to escalate, the likely result will be an eventual recession for the US, a slowdown in China, and, in turn, a decrease in global oil demand growth. However, in its latest monthly report, OPEC revealed that the picture is actually far more bullish than it was even a month earlier, with a favorable supply/demand mix lining up for the