Energy Waits for Its Own Trade Breakthrough

摘要

Washington and Beijing are working on an initial trade agreement to halt the worsening trade dispute between the world's two biggest economies, which has dampened oil demand forecasts and nearly halted the export of US LNG to China. Still, despite signs that Presidents Xi Jinping and Donald Trump could meet by the end of the year for a "phase one" agreement, economists and industry observers are pessimistic that this will lead to a comprehensive trade deal that will reverse tensions before the US election next year.