The Aramco Valuation Will Soon Be Revealed

This week in oil markets has been all about the pervasive trade war between China and the US that has dogged oil prices for the better part of the year, resulting in demand growth forecasts from multiple sources and analysts repeatedly being adjusted downward. There was some rare bullish news coming out of trade war discussions this week, with claims that both sides had agreed to relax tariffs and would sign something soon to that effect. But late in the week sentiment seemed to shift, with some traders skeptical that any deal will be signed in…